HCA 306 Week 6 Discussion | Southwestern College

HCA 306 Week 6 Discussion | Southwestern College

Unit 6 Discussion

In reference to the short-term resources of an organization,  cash is the most essential element of working capital.  Please discuss the following:

·         What are the three principal reasons an organization would want to keep cash on hand or in bank accounts?

·         Does having a large amount of cash on hand mean the business is more successful?  Why or why not?

·         Why would a manager find it difficult to determine the right balance of cash to keep on hand for the organization's financial well being? 

o    What would this have to do with profit?

Participation Requirements:

Original discussion forum posts:

·         Create a thread for your original post identified with your name.

·         Prepare a quality, substantive post that addresses the objectives of the discussion forum and the expectations set forth in the grading rubric

·         Include supportive evidence; such as direct applicable experience and expert sources.

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