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mantparn mantparn
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7 years ago
Collection float results from the lapse between the time that a firm deducts a payment from its checking account ledger and the time that funds are actually withdrawn from its accounts.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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7 years ago
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
6 years ago
Thanks for the assistance, I've marked your post as best answer
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