Total cash on hand refers to the sum total of readily accessible funds an organization has at its disposal. This statistic typically includes checking accounts as well as physical currency. It's a vital metric essential for budgeting, providing insight into a company's ability to meet immediate obligations. Managing Your Total Cash Flow Effect
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Total cash on hand represents the liquid funds that a business or person has available at any given point in time. It includes all money held and easily convertible assets, such as bank balances, along with short-term investments. This metric provides a snapshot of the liquidity position of an entity by indicating its ability to meet urgent needs.