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Explain the term receivable float

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Question -

1) Explain the term receivable float and the ways to avoid receivable float loss. Provide a hypothetical example of receivable float. Provide in-text citations and explain your work in detail.

2) Some companies may choose to have a high level of inventory while other companies in the same industry may choose to have a low level of inventory. What factors need to be considered while determining a policy on the level of inventory? Provide a hypothetical example of inventory optimization.

Reference no: EM133140432

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