Week 5 Analysis 3 - and still keep cash on hand for...

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It is truly important for a company to know how much money is coming into the business and how much money is going out. For example, if a company has all their expenses set up at the beginning of the month and they do not budget properly, they can run into a big problem. It is important to handle cash flow in a smart and effective manner to ensure all expenses can be paid
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Unformatted text preview: and still keep cash on hand for unexpected expenses. If a company is ever going to see profits, they need to ensure that their cash in is higher than there cash out, but if they do not even know where their money is going this may be impossible....
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This note was uploaded on 03/26/2012 for the course BUS GM560 taught by Professor Fields during the Summer '10 term at Keller Graduate School of Management.

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