Help quick business question

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avan41

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Business Finance

Description

ways to invest and manage short-term cash. How might it be invested? Why is it important to keep the cash "working" for the business rather than sitting idle?

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Explanation & Answer

Short-term cash should be invested in business activities that offer little or no risk. This means that the investment should have assets that can cover any loss. It is important to keep the cash 'working' so that it can gain profit and increase its value with time (value of money depends on time).

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Strayer Biggest Challenges Facing Organizations in the Next 20 Years Presentation

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Strayer Biggest Challenges Facing Organizations in the Next 20 Years Presentation

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