NOVEMBER 1988

Company size ($ sales/year) Avg. borrowings ($ 1,000s) Avg. short-term investments($ 1,000s) Avg. cash balance($ 1,000s)
$50ñ74 million $5,000 $2,500 $900
$20ñ49 million 2,400 1,878 1,062
$10ñ19 million 1,057 727 446
$5ñ9 million 561 455 301

Numbers above reflect the results of two 1987 surveys by Greenwich Associates of more than 19,000 companies with annual sales of $5 million to $74 million.

* * *