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pompa pompa
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7 years ago
A lockbox system is used to reduce collection float by shortening all three basic float components (i.e., mail, processing, and clearing).
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
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"It is better to fail in originality than to succeed in imitation."

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