Managing cash is important for every business. As we learned in the video this week, Darrell...

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Managing cash is important for every business. As we learned in the video this week, Darrell needs to understand his cash inflows and outflows for his business to succeed. This is true for any business. Unless a business owner or manager understands cash, the business may be going down the wrong path. Take a moment and think about your current or former place of employment. Identify at least two ways cash is used and two ways management can control the amount of cash being used by the business. Managing cash is important for every business. As we learned in the video this week, Darrell needs to understand his cash inflows and outflows for his business to succeed. This is true for any business. Unless a business owner or manager understands cash, the business may be going down the wrong path. Take a moment and think about your current or former place of employment. Identify at least two ways cash is used and two ways management can control the amount of cash being used by the business.

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Certainly managing cash flow is crucial for the success of any business In any business including my ... View the full answer