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Essay

Cash Management

Essay specific features

 

Issue:

Business

 

Written by:

Nathan H

 

Date added:

February 14, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1047

 

Was viewed:

8045 times

 

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Essay content:

Or 2) accounting for the cash outlays and the recovery of cash or 3) a strategy by which a company administers and invests its cash and finally 4) the control of cash collections. Regardless of the definition, managing cash in a small, medium or large business is an important function for financial managers...
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Recall your parents referring to a "rainy day fund" or emergency fund? Cash management for corporations has similar characteristics. According to Block and Hirt (2005) A business may have need to use cash to pay for corporate expenses such as supplies, payrolls and taxes and can be used to alleviate long-term debt or fixed assets...
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