Disbursement Float Has All of the Following Basic Components EXCEPT

question 124

Multiple Choice

Disbursement float has all of the following basic components EXCEPT

• A) collection.
• B) processing.
• C) mail.
• D) clearing

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Definitions:

Dividends Per Share

The amount of money paid out in dividends to shareholders per share of stock held.

Profitability

A measure of the efficiency and effectiveness of a company in generating profits from its operations, typically expressed as a percentage of revenues.

Debt and Equity

Debt and Equity are the two primary ways companies finance their activities, with debt referring to borrowed money to be repaid and equity representing ownership interests in the company.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.