Open AccessCash Management in Cameo Corporate Services Limited
Author(s) -
J. Pavithra,
R. Ramamoorthy,
Alias Prasath,
Alias Surendhar
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.b1311.0882s819
Subject(s) - cash management , cash conversion cycle , market liquidity , cash , cash flow forecasting , business , context (archaeology) , profitability index , finance , paleontology , biology
The term cash management refers to the management of cash resource in such a way that generally accepted business objectives could be achieved. In this context, the objectives of a firm can be unified as bringing about consistency between maximum possible profitability and liquidity of a firm. Cash management may be defined as the ability of a management in recognizing the problems related with cash which may come across in future course of action, finding appropriate solution to curb such problems if they arise, and finally delegating these solutions to the competent authority for carrying them out The choice between liquidity and ij profitability creates a state of confusion. It is cash management that can provide solution to this dilemma.Cash management may be regarded as an art that assists in establishing equilibrium between liquidity and profitability to ensure undisturbed functioning of a firm towards attaining its li business objectives[1],[ 3],[5]