How do businesses use float to increase cash management efficiency?
Question:
How do businesses use float to increase cash management efficiency?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
ANSWER Float refers to the time delay between when a payment is initiated and when it is actually received by the recipient Businesses can use float to their advantage in cash management to increase e...View the full answer
Answered By
John Aketch
I am a dedicated person with high degree of professionalism, particularly in academic writing. My desire is to is to make students excel in their academic endeavor.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Understanding Healthcare Financial Management
ISBN: 9781567932645
5th Edition
Authors: Louis C. Gapenski
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
How does the professional standard (doctors, pilots, surgeons) fit into negligence claims in torts? Does it give them more protection against claims?
-
Compute the times for elements a, b, c, d, and e when elements a + b + c were timed at 0.057 minute and b + c + d were found to equal 0.078 minute; c + d + e, 0.097 minute; d + e + a, 0.095 minute;...
-
Wheeler Company purchased $4,000,000 of Duggen Companys 8% bonds, due on July 1, 2019. The bonds, which pay interest semiannually on January 1 and July 1, were purchased for $3,500,000 to yield 10%....
-
Let $\mathbf{x}_{j}$ be the $j$ th row of $\mathbf{X}$, and $\mathbf{X}_{-j}$ be the $\mathbf{X}$ matrix with the $j$ th row removed. Show that \[\operatorname{Var}\left[\hat{\beta}_{j}...
-
The director of a large public library must schedule employees to reshelve books and periodicals checked out of the library. The number of items checked out will determine the labor requirements. The...
-
Cherokee Incorporated is a merchandiser that provided the following information: Amount Number of units sold 13,000 Selling price per unit $ 18 Variable selling expense per unit $ 2 Variable...
-
What are some methods that businesses can use to accelerate receipts?
-
What is float?
-
Suppose a country is so devastated by the AIDS epidemic that its population decreases by 0.5% each year for a 4-year period. If the population was originally 10 million, what is the population at the...
-
Economic Image transcription text "I" Hide Assignment Information Instructions 2. if employees want higher for higher wages? 3. If employees are unhappy with the w they have if they want higher...
-
Using the six stickiness factors (Shimp & Andrews, 2018) on pages 204-205: Discuss an advertisement that you have seen on the Internet or on television and how it meets or does not meet these sticky...
-
Create a presentation about the factors of production for the 1.02 Factors of Production Presentation assignment. The presentation should contain the following: 1. A title slide that includes your...
-
1. In Bostock v. Clayton County, Georgia, who wrote the majority opinion and who joined? Who wrote a dissenting opinion and, if applicable, who joined? (To receive credit, you must note down the name...
-
provide small paragraph on each type of Tesla's capabilities as per attached table. provide more Tesla company specific examples of capabilities. Ordinary capabilities Core competencies Supplementary...
-
Krause Industries balance sheet at December 31, 2012, is presented below. Additional information accumulated for the budgeting process is as follows. Budgeted data for the year 2013 include the...
-
Which of the companies has the lowest accounts receivable turnover in the year 20X2? a. Company A. b. Company B. c. Company C. d. CompanyD. 20X1 20X2 Credit Sales Average Receivables Balance $1.0...
-
Name and define the three types of risk relevant to capital budgeting.
-
How is each type of project risk measured, both in absolute and relative terms?
-
Can capital budgeting tools be used in different settings? Explain your answer.
-
A mass m = : 22.3kg is supported against gravity by three ropes. Rope 1 pulls directly to the right (in the positive x-direction) exerting a force of magnitude T = 38.3N. Rope 2 pulls up and to the...
-
A small boat is crossing a lake on a windy day. During some interval of time, the boat undergoes the given displacement A. Ar= (3.15 m) 1+ (2.75 m)j^ During the same interval of time, the wind exerts...
-
4. A wire coil used to produce a magnetic field is made of copper wire of diameter 0.7 mm, and is wound so the coil has a diameter of 40 cm (see figure). The resistance of the coil is measured to be...
Study smarter with the SolutionInn App