Essay heading: 5 short term financial mgmt

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March 12, 2000






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Although the losses during the first and second quarters are not an ongoing issue it has me wondering about the cash management plan, and why appropriate measures were not taken to budget better for the acquisition of a new building. The objective of cash management is to increase cash flow into a business, to decrease the flow of cash out of a business, to receive cash more quickly, and to pay cash out more slowly...
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Managing cash levels and financing working capital effectively is necessary to keep a business's costs and risk under control while maintaining a business's returns and cash flow over the long term. Having a minimum balance ensures that enough money is maintained in the cash account to make payments when needed...
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