CORPORATE FINANCE- ACCESS >C<
12th Edition
ISBN: 9781307447248
Author: Ross
Publisher: MCG/CREATE
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Chapter 27, Problem 7CQ
Summary Introduction
To identify: That what ethical dilemmas will be raised, if the book balance of a firm is $2 million and at the ATM, the cash manager finds it representing as $2.5 million.
Introduction:
Float is defined as the difference between the balance shown in ledger of the company and the balance that is available at the bank. Available balance refers to the balance that is shown by the banks of that particular company.
Disbursement float is the difference between the payment paid to the customers and distributors that is subtracted from the ledger and the amount that is be deducted from the available bank account in the later days.
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Chapter 27 Solutions
CORPORATE FINANCE- ACCESS >C<
Ch. 27 - Cash Management Is it possible for a firm to have...Ch. 27 - Cash Management What options are available to a...Ch. 27 - Prob. 3CQCh. 27 - Cash Management versus Liquidity Management What...Ch. 27 - Prob. 5CQCh. 27 - Collection and Disbursement Floats Which would a...Ch. 27 - Prob. 7CQCh. 27 - Short-Term Investments For each of the short-term...Ch. 27 - Prob. 9CQCh. 27 - Prob. 10CQ
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