What is the important of cash in a business unit
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Answer / Sandip Kumar Srivastava
Cash is crucial for a business unit because it provides financial liquidity, enabling the organization to meet its immediate financial obligations and invest in growth opportunities. Adequate cash flow ensures that a business can operate smoothly, pay salaries, cover expenses, and repay debts on time. Additionally, having cash on hand helps businesses respond quickly to unexpected events or take advantage of new opportunities.
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