Why cash is so important
Why cash is so important? Illustrate it.
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Importance of Cash: When we understand what is cash, then we can as well understand examine the cash position of business. Is it sound or weak? What amount will be required for paying various payments? Good knowledge of cash will give you the power to build good planning of cash for future requirements.
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Need for valuing goodwill: If the mutual rights of the partners modifies then the party which makes a sacrifice should be compensated. This basis of compensation is goodwill therefore we require calculating goodwill. Mutual rights change beneath follo
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