Total cash on hand refers to overall amount of readily accessible funds an organization has on site. This statistic typically includes liquid assets as well as coins and bills on hand. It's a vital metric used by businesses, providing insight into a company's ability to meet immediate obligations. Steering Your Total Cash Flow Effectively cont
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Total cash on hand represents the current funds that a business or individual has available at any given instance. It includes all forms of cash and easily convertible assets, such as checking accounts, along with short-term investments. This metric provides a snapshot of the working capital of an entity by indicating its ability to meet immediate