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Address this for the organization

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Reference no: EM131533949

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: EM131533949

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