As a substitute, holding cash and cash equivalents is usually a safe spot for businesses to park resources they will require in the future.
Even though a debt is prepared for selection, there is absolutely no warranty the customer should be able to pay back. On top of that, the company may not have preferential positioning in individual bankruptcy or liquidation proceedings. Therefore, money owed from shoppers just isn't similar to cash equivalents.
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The downside of the is that you're going to need to have to invest some money up front obtaining and transport the goods.
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Reason of Cash and Cash Equivalents Organizations carry cash and cash equivalents for various business enterprise causes. A firm may want to have cash and cash equivalents on hand to:
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The annuity requires into consideration not simply the cash price of the prize and also the desire that it will create after some time.
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