Total cash on hand refers to the sum total of readily accessible funds an individual has at its disposal. This statistic typically includes liquid assets as well as coins and bills on hand. It's a vital metric used by businesses, providing insight into a entity's ability to meet immediate obligations. Controlling Your Total Cash Flow Effective
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Total cash on hand represents the liquid funds that a business or individual has available at any given instance. It includes all money held and easily convertible assets, such as demand deposits, along with cash equivalents. This metric provides a snapshot of the financial health of an entity by indicating its ability to meet immediate expenses.