Posted: May 24th, 2022

Discuss a management strategy used to retain or increase cash

Management
Title: Writer’s choice
Number of sources: 0
Paper instructions:
Unfortunately, most firms lack liquidity. To make sure there is sufficient cash flow to meet day-to-day financial needs, financial managers adopt short-term financing methods to raise needed capital to meet debt obligations in time while maximizing profitability through investment with cash surpluses.

Respond to the following in a minimum of 175 words:

Discuss a management strategy used to retain or increase cash. Share an example of a time when you’ve used a similar strategy in your personal finances. How are the applications of these strategies similar or different for businesses and individuals?

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Management
The title has been chosen by the author.
The number of sources is zero.
Instructions for the paper:
Unfortunately, the majority of businesses lack liquidity. Financial managers use short-term financing methods to ensure that there is enough cash flow to meet day-to-day financial needs while also maximizing profits through the use of cash surpluses. Short-term financing methods are used to raise the necessary capital to meet debt obligations on time while also maximizing profits through the use of cash surpluses.

In a minimum of 175 words, respond to the following question:

Discuss a cash management strategy that has been implemented to retain or increase cash. Tell us about a time when you used a similar strategy in your personal finances and how it went for you. What similarities and differences exist between the applications of these strategies for businesses and individuals?

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