Can you please help me with this practice assignment in the photo? 1) Discuss a management strategy used to retain or increase cash. 2) Share an example of a time when you used a similar strategy in your personal finances. 3) How are the applications of these strategies similar or different for businesses and individuals?

If you use a source, can you mention it so I can look back an review it? I appreciate your time and effort very much. Thank you!

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