International Journal of Commerce and Management Research

International Journal of Commerce and Management Research


International Journal of Commerce and Management Research
International Journal of Commerce and Management Research
Vol. 2, Issue 10 (2016)

Cash management in paper industry - A comparative study in SPML and international paper APPML


Dr. Yellaswamy Ambati

Cash management is one of the key areas of working capital management. Cash is the most liquid current asset. Cash is the common denominator to which all current assets can be reduced because the other major liquid assets, i.e. receivable and inventory get eventually converted into cash. This underlines the importance of cash management. The term “Cash” with reference to management of cash is used in two ways. In a narrow sense cash refers to coins, currency, cheques, drafts and deposits in banks. The broader view of cash includes near cash assets such as marketable securities and time deposits in banks. The reason why these near cash assets are included in cash is that they can be readily converted into cash. Usually, excess cash is invested in marketable securities as they contribute to profitability in the form of interest
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How to cite this article:
Dr. Yellaswamy Ambati. Cash management in paper industry - A comparative study in SPML and international paper APPML. International Journal of Commerce and Management Research, Volume 2, Issue 10, 2016, Pages 24-27
International Journal of Commerce and Management Research International Journal of Commerce and Management Research