Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which statement is True regarding Cash or Cash flow or Cash on Hand? Strong Cash on Hand in any organization demonstrates how a company is
Which statement is True regarding Cash or Cash flow or Cash on Hand?
Strong Cash on Hand in any organization demonstrates how a company is managing its operational activities, expenses, C&Bs etc.
None of the above statement is correct.
Cash on hand in any organization is totally irrelevant and Revenue is not managed by Cash flow
For companies to grow, they need stronger revenue, but cash flow does not provide flexibility during M&A activities
: PM
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started