Explain how the EOQ inventory model can be modified and used to help determine the optimal sizeof a firm’s cash balances. Do you think the EOQapproach to cash management is more or less relevant today than it was in precomputer, preelectronic communications days?

Q: What are some of the cash management strategies used by your organization or by organizations that…

A: Cash Management:It is a method that helps to collects and manages the cash flow of an organization.…

Q: w does stretching out AP enhance cashflow?  be specific in terms of operating cashflo

A: Cash flow are very important for any firm because without cash no business can survive for much…

Q: The ultimate goal of the financial system in a market economy is to make the price of financial…

A: Financial system: Financial system is a structure or a system concerned with money and finance for…

Q: Is the profit that a business makes a reliable indicator of its cash balances? What are the…

A: No, the profit is not the reliable indicator of its cash balances. Cash Flow is the cash collected…

Q: Why is cash conversion cycle useful in financial analysis of a firm? (Short answer and keyboard…

A: Cash flow is defined as the net amount of cash and cash equivalents carried into and out of a…

Q: What is the purpose of keeping a Cash Flow Spreadsheet

A: Cash flow means all cash inflows and cash outflows of the business that are forecasted for a future…

Q: It has been said that operating managers focus primarily on the income statement while financial…

A: Income statement, Balance sheet and cash flows statement are very important financial statements…

Q: What does a firm need to do to improve liquidity? O A. Stock up on inventory in order to never run…

A: Liquidity situation of the business means ability of the business to pay short term obligations from…

Q: how to create a cash flow statement in a easiest and fastest way?

A: Cash flow statement is the statement which shows inflow and outflow of cash and cash equivalent…

Q: Which of the following items describes a weakness of the internal rate-of-return method?a. The…

A: IRR (Internal Rate of Return):

Q: What methods can be used to speed up a firm’s cash inflows?

A: Cash inflows:Cash inflow can be defined as cash or money attained by an institution, firm or company…

Q: What is a common cash flow transaction/Give an example?

A: Cash flows are mainly of three types:  1. Operating 2. Investing and 3. Financing  Cash flows from…

Q: One concept that is at the heart of financial management decisions is the concept of Time Value of…

A: Financial management is a process that involves strategic planning, organizing, directing, and…

Q: What are the problems of using cash flow matching in practice

A: Cash flow matching is one of strategy used to match required liabilities due through cash flow from…

Q: What factors lead to a better cash flow position? How?

A: Cash flows refer to the amount of net cash and cash equivalents that flow in and out of the…

Q: 6. Free cash flow Accounting statements represent a company's earnings, but this is not the real…

A: Free cash flows is the cash generated after adjusting for any operational cost and capital assets.…

Q: ations a

A: The growth or decrease in the quantity of money a firm, organisation, or individual has is referred…

Q: Effective cash management requires awareness of:

A: A budget is a forecasted statement showing how the quantum of resources to be deployed and utilized…

Q: How does the adoption of blockchain technology impact financial accounting, auditing processes, and…

A: Blockchain technology, initially developed to support the cryptocurrency Bitcoin, has evolved to…

Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.