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Cash Management
Essay specific features
Written by:
Nathan H
Date added:
February 14, 2016
Level:
University
Grade:
A
No of pages / words:
4 / 1047
Was viewed:
8099 times
Rating of current essay:
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...
displayed 300 characters
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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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