Question: What is float? How do firms use float to increase cash management efficiency? What are some methods firms can use to accelerate receipts? Why might

 What is float? How do firms use float to increase cash

What is float? How do firms use float to increase cash management efficiency? What are some methods firms can use to accelerate receipts? Why might a company hold low-yielding marketable securities when it could earn a much higher return on operating assets? Define the following terms. Promissory note - Line of credit - Revolving credit agreement - What's the difference between simple interest and add-on interest

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