Explain why companies use zero-balance accounts to make disbursements.

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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Question Posted: Jun 08, 2011 07:01 AM

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Explain why companies use zero-balance accounts to make disbursements.

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Because the bank can forecast early in the day how much ...View the full answer

Principles of Corporate Finance

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