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Cash direction is a term that refers to the concentration, assemblage and disbursement of cash 1.
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The numerator of the equivalence comes from the firm's statement of cash flows.
How is cash management used in a study?
The researcher used both secondary and primary data for data collection. For clear analysis, the study centres on two broad variables; the dependent variable which is performance and the independent variable which is Cash management.
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How does cash management affect a manufacturing company?
The results of the study suggested that a significant relationship exists between cash management on performance of manufacturing companies in Nigeria. It was also discovered that mere availability of cash (liquidity) without proper management does not necessarily translate into favorable performance for manufacturing companies.
Why is cash management important in asset transformation?
“Cash management focuses on making the asset transformation process of the business work smoothly…effective cash management is necessary due to a lack of synchronisation between incoming and outgoing cash flows” (p.16-17).
Last Update: Oct 2021
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