In current asset management, what is the float? How would paying by check allow a business to take advantage of the float?
Answer to relevant QuestionsList and describe at least three methods a business can use to speed cash receipt time from its debtors. What is an ABC analysis with regard to inventory? If you have $50,000 in an interest-bearing savings account that pays 2 percent annual interest, how much interest will you earn during a 30 day month? Interview several business owners or managers in the community in different industries. How important is proper inventory management to them with respect to its roll in the business enterprise? If inflation averages 4 percent per year, how much purchasing power will $1.00 lose in ten years?
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