Question: What is net float7. How might a company play the float in its disbursements?

What is net float7. How might a company "play the float" in its disbursements?

Step by Step Solution

★★★★★

3.47 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Net float is the dollar difference between the balance shown in a firms checkbo... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

635-B-F-F-M (6579).docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!

Q:

How might a company link its strategy or customer value proposition to a focus on particular categories of processes in the Balanced Scorecard?

Q:

How might a company monitor the risk related to its accounts receivable?

Q:

How might a company make strategic use of countertrade schemes as a marketing weapon to generate export revenues? What are the risks associated with pursuing such a strategy?

Q:

Question # 1 I) Which financial ratios would you be most likely to consult if you were the following? Why? (Marks 2) a. A banker considering the financing of seasonal inventory b. A wealthy equity...

Q:

Question # 3 Case Study: I hate cash on hand, says Fred Salerno, Bell Atlantics CFO. According to a recent survey, Salerno has backed up his talk with actions. When rated on the number of days of...

Q:

Case Study: I hate cash on hand, says Fred Salerno, Bell Atlantics CFO. According to a recent survey, Salerno has backed up his talk with actions. When rated on the number of days of operating...

Q:

what is net float ? how might a company " play the float"in its disbursements?

Q:

Cash Management at Webb Corporation Webb Corporation was founded 20 years ago by its president, Bryan Webb. The company originally began as a mail-order company, but has grown rapidly in recent...

Q:

The company adopted the constant demand sales pattern budgets developed in part 2. In quarter one, the company actually sold 11,000 units and in quarter two, 16,000 vehicles. The company experienced...

Q:

What are the principal reasons for holding cash?Can a firm estimate its target cash balance by summing the cash held to satisfy each of the reasons?Why or why not? The two principal reasons for...

Q:

Using the Merton jump formula, generate an implied volatility plot for K = 50, 55, . . . 150. a. How is the implied volatility plot affected by changing J to0.40 or0.10? b. How is the implied...

Q:

Encode the following data with a Hamming error code: You may find the parity table attached here helpful. Bit position 1 2 3 4 5 6 7 8 Encoded data bits p1 p2 d1 p4 d2 d3 d4 X X X X XX XX x x x x 18...

Q:

Develop the necessary conditions for a minimum of the possibilistic C-means criterion function.

Q:

Why are you interested in our organization? In what way do you think you can contribute to our company?

Q:

What is your final estimate for rs?

Q:

Explain in words why new common stock has a higher cost than retained earnings.

Q:

What are two approaches that can be used to adjust for flotation costs?

Q:

4. Which of the following statements is correct? (Points : 1) In general, the NPVs of riskier cash flows should be found using relatively high discount rates. However, if a cash flow is negative, it...

Q:

Chandler borrowed $15,800 and agreed to repay the loan with payments of $450 per month. Using an interest rate of j12-3.6%, calculate the amount of principal repaid during the first year of the loan

Q:

ANSWER ANY THREE QUESTIONS AT 4 MARK EACH. 21-How do you evaluate a firm's financial performance? Explain. 22- What is Corporation? Briefly explain the types of corporations. 23-Write a note on the...