What is the float? Why does it take time between when you write a check and when

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What is the float? Why does it take time between when you write a check and when the funds come out of the account?

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Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Question Posted: May 08, 2014 08:02 AM

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What is the float? Why does it take time between when you write a check and when

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The float is the time between when a check is written and when the funds leave the acc...View the full answer

Financial Management Core Concepts

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