CORPORATE FINANCE - LL+CONNECT ACCESS
CORPORATE FINANCE - LL+CONNECT ACCESS
12th Edition
ISBN: 9781264054961
Author: Ross
Publisher: MCG
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Chapter 27, Problem 10CQ
Summary Introduction

To describe: The merits and demerits of the use of excess cash as with excess cash the firm has to make a quick payment to the suppliers.

Cash Management:

Cash management refers to managing of cash related activities in the operation of the business as how much cash should be kept in business and how much to be invested in assets.

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