FIN 200 Wk 6 DQ 1 - 7548

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The goal of Cash management is ensures that a company can manage its cash flow efficiently. In business, receiving cash early helps the company in decreasing working capital requirement. Primary goal of the cash management is to meet working capital requirement of the company. Cash management also helps the company to meet its debt obligations. An efficient cash management increases the profit of the company.

 

Every company has the requirement of utilizing its cash flow efficiently so that it can meet its working capital requirements and maximize its profit. So, goal of cash management is same for every kind of business.

Solution Description

The goal of Cash management is ensures that a company can manage its cash flow effic