Firm collection float, Which one of the following practices will reduce a firm's, Finance Basics

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Firm collection float

Which one of the following practices will reduce a firm's collection float?

utilizing zero-balance accounts

depositing checks weekly rather than daily

requiring all customers pay by check rather than with cash

installing a lockbox system

paying all bills five days sooner

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Finance Basics: Firm collection float

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Firm collection float

Reference No:- TGS046498

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Compute amount of gain to be reported currently on the sale

Q : Calculate marginal cost and average cost schedule for firm

Q : Amount of the loss allocated to bartle

Q : How much note payable should be consider a current liability

Q : Firm collection float

Q : Which products and services are likely to encounter problems

Q : Amount were the noncash assets sold

Q : What affect will this have on operating income

Q : Write advantages and disadvantages of cigarette money

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Firm collection float

Reference No:- TGS046498

Recent Questions Asked Finance Basics

Q : Compute amount of gain to be reported currently on the sale

Q : Calculate marginal cost and average cost schedule for firm

Q : Amount of the loss allocated to bartle

Q : How much note payable should be consider a current liability

Q : Firm collection float

Q : Which products and services are likely to encounter problems

Q : Amount were the noncash assets sold

Q : What affect will this have on operating income

Q : Write advantages and disadvantages of cigarette money

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