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Martin's Methods, an educational training firm, has taken steps to reduce the time taken to process the cheques received from its customers from four days
Martin's Methods, an educational training firm, has taken steps to reduce the time taken to process the cheques received from its customers from four days to two. Additionally, the firm has switched banks, as its prior bank made funds available for withdrawal one day after deposit, while the new bank makes deposits available immediately. All else the same, these steps should the firm's float.
Select one:
a Decrease; disbursement.
b Increase; net.
c Increase; collection.
d Decrease; net.
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