7. What is a lock-box system? How does it help to reduce the cash balances? 8. Distinguish...

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7. What is a lock-box system? How does it help to reduce the cash balances? 8. Distinguish between a deposit float and a payment float. What are the advantages and dangers of 'playing the float? Explain the techniques for managing float.

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Financial Management

ISBN: 9789325982291

11th Edition

Authors: I.M. Pandey

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Question Posted: Oct 23, 2024 12:02 PM

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7. What is a lock-box system? How does it help to reduce the cash balances? 8. Distinguish between a deposit float and a payment float. What are the advantages and dangers of 'playing the float?...
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7. What is a lock-box system? How does it help to reduce the cash balances? 8. Distinguish...

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Financial Management

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