Explain in detail how the four kinds of float

Assignment Help Financial Management

Reference no: EM13977766

Explain in detail how the four kinds of float (billing, collections, transit and disbursement) can be used to maximize the efficiency of incoming revenues and outgoing expenditures? What kinds of policies can be initiated to facilitate maximum efficiency and why?

Reference no: EM13977766

Questions Cloud

Alternative current operating assets financing policies : Explain the three alternative current operating assets financing policies in details. In your opinion, what is the best strategy for management with regard to financing current operating assets? Does the answer vary by industry? Does the answer vary ..

Manufactures and sells climate-controlled wine cabinets : Hope Corporation manufactures and sells climate-controlled wine cabinets. Its most popular model sells for $3,000 and comes with a basic 90-day warranty. For an extra $150, this warranty is extended to 3 years, and for $300 the warranty is extended f..

What is the firms depreciation and amortization expense : The Centennial Chemical Corp. announced that, for the period ending March 31, 2014, it had earned income after taxes worth $5,330,275 on revenues of $13,144,680. The company’s costs (excluding depreciation and amortization) amounted to 61 percent of ..

The concept of accounts payable : The concept of accounts payable is applicable only when a customer buys from a retailer. Amazon does not allow third-party sellers to sell products through its website. It is not uncommon for a big retailer like Amazon to be able to hold products for..

Explain in detail how the four kinds of float : Explain in detail how the four kinds of float (billing, collections, transit and disbursement) can be used to maximize the efficiency of incoming revenues and outgoing expenditures? What kinds of policies can be initiated to facilitate maximum effici..

Interest payable on a loan becomes a liability when : Interest payable on a loan becomes a liability when

What is the current value of the future payments : Mr. Johnson will receive $6,500 a year for the next 14 years from his trust. If an 8 percent interest rate is appropriate: What is the current value of the future payments? Determine the amount of money in a savings account at the end of five years, ..

Tenant is fundamental to value of lease-therefore property : You are interested in buying a property that has Starbucks as the major lessee. The Starbucks lease has a current term of 15 years. The current lease is a net lease. This means that the landlord pays all taxes associated with the property and Starbuc..

Workers a two-month paid sabbatical every seven years : Liliana Alverez’s employer offers its workers a two-month paid sabbatical every seven years. Liliana, who just started working for the firm, plans to spend her sabbatical touring Europe at an estimated cost of $25,000. To finance her trip, Liliana pl..

User Account

All Pages