What is float, and how do businesses use it to increase cash management efficiency?

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Gapenskis Understanding Healthcare Financial Management

ISBN: 9781640551091

8th Edition

Authors: George H. Pink, Paula H. Song

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Question Posted: Dec 27, 2023 05:42 AM

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What is float, and how do businesses use it to increase cash management efficiency?

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Float refers to the difference between the balance shown in a companys bank account and the actual cash balance available It occurs due to delays betw...View the full answer

Gapenskis Understanding Healthcare Financial Management

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