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Reasons companies today practice such tight cash management

Problem:

Companies today attempt to maximize their cash on hand by paying bills at the latest possible time while trying to collect their accounts receivable as soon as possible. This practice has become more and more pronounced in recent years. What are some reasons that companies today practice such tight cash management? What are some factors that have contributed to this?

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Finance Basics: Reasons companies today practice such tight cash management

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Finance Basics: Reasons companies today practice such tight cash management

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