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REQUIRED In view of the information given below suggest strategies that businesses should use to manage their cash effectively. INFORMATION Businesses usually go bust in
REQUIRED In view of the information given below suggest strategies that businesses should use to manage their cash effectively. INFORMATION Businesses usually go bust in the long term through the lack of profit; but in the short term, they fail because they don't have enough cash to pay their bills. Cash flow is the life blood of any business - more firms go under because of cash flow problems than anything else. Source: www.sage.co.uk
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