Complete payable transactions on time and meet other goals

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Question: Constructively critique the paragraph on managing cash flow and raise one important question based of the paragraphNowicki (2022) argued that the cash flow process is receiving cash out of producing services and reusing it to close up expenses caused by the generated service. Cash flow aims to have enough liquidity and money on hand after covering expenses. To secure enough cash, the inflow cash should be maximized, and outflow cash should be minimized. The difference between those factors should produce enough to ensure the right amount of money. It is significant for an organization to predict a proper amount of required cash on hand as it proceeds to various and sudden activities and decisions. For instance, a delay in receiving funds for produced services minimizes cash; however, payment transactions, including employees' wedges, vendor payments, and other supply expenses, must be paid on time. Whenever a delay in receiving the inflow cash happens, the outflow will be impacted, and organizations must look up alternatives to secure that amount. Organizations must have enough cash flow to complete payable transactions on time and meet other goals

Reference no: EM133612337

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