The appropriate amount of cash for an organization to have on hand is between 5% and 10% of total assets.

Name: The appropriate amount of cash for an organization to have on hand is between 5% and 10% of total assets.
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Quizplus · Accepted Answer

The appropriate amount of cash for an organization to have on hand varies greatly depending on the industry, size of the company, its cash flow cycle, and specific operational needs. There is no one-size-fits-all percentage.

The Appropriate Amount of Cash for an Organization to Have