Total cash on hand refers to aggregate of readily accessible funds a company has available. This metric typically includes checking accounts as well as small denominations. more info It's a vital metric used by businesses, providing insight into a entity's financial flexibility. Managing Your Total Cash Flow Effectively overseeing your total c
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Total cash on hand represents the liquid funds that a business or individual has available at any given instance. It includes all physical currency and easily convertible assets, such as checking accounts, along with cash equivalents. This metric provides a snapshot of the working capital of an entity by indicating its ability to meet short-term ob