Total cash on hand refers to aggregate of readily accessible funds an organization has on site. This figure typically includes checking accounts as well as coins and bills on hand. It's a vital metric for financial reporting, providing insight into a individual's ability to meet immediate obligations. Managing Your Total Cash Flow Effectively
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Total cash on hand represents the get more info liquid funds that a business or individual has available at any given moment. It includes all forms of cash and easily convertible assets, such as demand deposits, along with short-term investments. This metric provides a snapshot of the financial health of an entity by indicating its ability to meet