Cash Management

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Howard R

 

Date added:

June 21, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1492

 

Was viewed:

9030 times

 

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Essay content:

Companies that do not value cash management as an important issue are probably undermining the company's short-term stability, and its long-term survival. Short term financing is not ideal for all kinds of capital shortfalls; generally, short term debt should fund business activities that will generate cash flow to repay the loan...
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Business people need to distinguish between a temporary investment in current assets and a permanent investment. With temporary investments, companies can finance the purchase of the asset with the intent of liquidating the asset in the normal course of the business. The best way to manage business cash and short term financing better is to start with understanding how good cash management and short term financing practices can influence a company's growth and survival, then start maximizing cash-flow, which can be done by making certain the billings, collections, and payables are operating efficiently (Find Articles, 2006)...
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