Define float and its origins in the cash management process (that is, mail processing and transit).

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Mar 03, 2024 02:00 AM

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Define float and its origins in the cash management process (that is, mail processing and transit).

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In the context of cash management float refers to the time delay between when a payment is initiated ...View the full answer

Foundations Of Finance

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