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Essay text:
Our business operates through four segments: Medical Devices, Pharmaceutical Products, Imaging Solutions, and Medical Supplies” (Yahoo Finance, 2008). While our business is diverse, cash management and short term financing can be applied to our business. Focusing on the Covidien Pharmaceutical Products segment of the business, this paper will describe cash management and short term financing.
Cash Management Techniques
Cash management techniques include investing, budgeting, spending and saving the company’s money in ways that increase profits or otherwise benefit the company. Ways to increase a company’s profits include financial decisions about controlling assets, nature of asset growth, shifts in asset structures, patterns of financing, and financing decisions...
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