Discuss why cash is considered as a life blood for any business.

Question:

Discuss why cash is considered as a life blood for any business.

Cash

Cash is one of the most common current assets in a company's financial statements. This normally includes cash and cash equivalents which can be used for purchases and payments of expenses.

Answer and Explanation:

Cash is considered as the life blood for any business because company's operations will depend on the amount of cash it has. It should be circulated...

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How to Manage Cash Disbursements

from Finance 101: Principles of Finance

Chapter 18 / Lesson 4
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