UPENN: LOOSE LEAF CORP.FIN W/CONNECT
UPENN: LOOSE LEAF CORP.FIN W/CONNECT
17th Edition
ISBN: 9781260361278
Author: Ross
Publisher: McGraw-Hill Publishing Co.
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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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