Question
which of the following statements is most correct? a. a lack of synchronization of cash inflows and outflows will result in a larger cash balances
which of the following statements is most correct? a. a lack of synchronization of cash inflows and outflows will result in a larger cash balances than would be necessary with better synchronization, but the cas balances can be reduced by increasing disbursement float and decreasing collections float b. the size of a firm's net float is primarily a function of its natural cash flow synchronization and how it clears the checks c lockbox systems arecused both for security purposes and to decrease the firms net float d. if a firm speeds up to collections and slows down its disbursement this will reduce its net flow e. a firm with excellent cash management procedures will probably bring its checkbook balance down close to zero but it would never have a negative checkbook balance
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started