About this document

Effective Cash Management Strategies by Anand Vishnu Balakrishnan is a document available to read on EtoBox.

The objectives of cash management are to ensure sufficient cash is available to meet payment obligations while minimizing excess cash balances. Firms aim to maintain enough cash for transaction needs while avoiding holding too much idle cash that earns no returns. Specifically, cash management objectives are to pay all bills on time to maintain goodwill with creditors, take advantage of early payment discounts, and be prepared for unexpected cash needs, while minimizing the opportunity cost of excess idle c

Author

Anand Vishnu Balakrishnan

Language

EN