Total cash on hand refers to the sum total of readily accessible funds a company has available. This figure typically includes cash in the bank as well as physical currency. It's a vital metric essential for budgeting, providing insight into a entity's short-term liquidity. Steering Your Total Cash Flow Effectively controlling your total cash
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Total cash on hand represents the current funds that a business or individual has available at any given moment. It includes all forms of cash and easily convertible assets, such as bank balances, along with cash equivalents. This metric provides a snapshot of the liquidity position of an entity by indicating its ability to meet short-term obligati