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Why is the Days Cash on Hand ratio important to a company? (check all that apply) It tells you how profitable the company is. It
Why is the Days Cash on Hand ratio important to a company? (check all that apply) It tells you how profitable the company is. It shows how many days a company can pay it's expenses if all revenue sources stopped today. It gives confidence that a company can meet it's financial obligations. It is a major indicator evaluated by rating agencies to determine the riskiness of the company
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