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How would you address this for the organization

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Firms prefer not to hold cash, because cash is considered an idle asset that does not earn interest. However, an organization needs enough cash to take care of the day-to-day operations.

As a finance manager, how would you address this for the organization? What can be done to ensure that the cash is not idle, but enough cash is on-hand daily?

Reference no: EM131532987

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