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Answered

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what is the importance of cash on hand or cash in bank as working capital in the effective and efficient business operations​

Sagot :

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Answer:

Days cash on hand is an important measure of hospital liquidity. An organization needs a certain amount to meet the requirement of lenders, rating agencies and others.

Explanation:

Cash is the lifeblood of a business and a business needs to generate enough cash from its activities so that it can meet its expenses and have enough left over to repay investors and grow the business.

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