What is float? Why it is a useful cash management concept?

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Fundamentals Of Healthcare Finance

ISBN: 9781640553224

4th Edition

Authors: Paula H. Song, Kristin L. Reiter

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Question Posted: Apr 01, 2024 02:00 AM

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What is float? Why it is a useful cash management concept?

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Float refers to the time interval between when a payment is initiated and when it is actually deducted from the payers account or credited to the payees account It represents the temporary availabilit...View the full answer

Fundamentals Of Healthcare Finance

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