Total cash on hand refers to aggregate of readily accessible funds a company has on site. This statistic typically includes checking accounts as well as coins and bills on hand. It's a vital metric essential for budgeting, providing insight into a company's financial flexibility. Steering Your Total Cash Flow Effectively controlling your total
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Total cash on hand represents the immediate funds that a business or individual has available at any given point in time. It includes all physical currency and easily convertible assets, such as demand deposits, along with cash equivalents. This metric provides a snapshot of the working capital of an entity by indicating its ability to meet short-t