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Liquidity and Cash Management Xero is a firm with a large volume of cash in its bank. The closing bank balance for the 2012 year shows a figure of 38 976 000 in cash or cash equivalents. Sam Knowles forecasts that to maintain the momentum the company must continue to invest and it is to be expected that Xero will again make a loss in the next financial year. The company presently has operations in the UK US Australia and New Zealand and are currently undergoing large global expansions opening...
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