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Q.3. Cash is needed to pay for labor, raw materials, to take trade discounts and so on. However cash is often called non-earning interest asset.

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Q.3. Cash is needed to pay for labor, raw materials, to take trade discounts and so on. However cash is often called "non-earning interest asset. Thus the goal of a cash manager is to minimize the amount of cash firm must hold for use in conducting its normal business, yet at the same time, to have sufficient cash. Discuss in detail

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