Total cash on hand refers to aggregate of readily accessible funds an individual has at its disposal. This statistic typically includes checking accounts as well as physical currency. It's a vital metric used by businesses, providing insight into a company's ability to meet immediate obligations. Managing Your Total Cash Flow Effectively overs
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Total cash on hand represents the liquid funds that a business or individual has available at any given moment. It includes here all money held and easily convertible assets, such as demand deposits, along with highly liquid securities. This metric provides a snapshot of the liquidity position of an entity by indicating its ability to meet immediat