Total cash on hand refers to overall amount of readily accessible funds an organization has at its disposal. This metric typically includes cash in the bank as well as coins and bills on hand. It's a vital metric used by businesses, providing insight into a entity's ability to meet immediate obligations. Managing Your Total Cash Flow Effective
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Total cash on hand represents the liquid funds that a business or person has available at any given instance. It includes all forms of cash and easily convertible assets, such as checking accounts, along with short-term investments. This metric provides a snapshot of the working capital of an entity by indicating its ability to meet short-term obli