How do businesses use float to increase cash management efficiency?

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Understanding Healthcare Financial Management

ISBN: 9781567932645

5th Edition

Authors: Louis C. Gapenski

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Question Posted: Feb 16, 2024 01:00 PM

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How do businesses use float to increase cash management efficiency?

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ANSWER Float refers to the time delay between when a payment is initiated and when it is actually received by the recipient Businesses can use float to their advantage in cash management to increase e...View the full answer

Understanding Healthcare Financial Management

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