Examlex
An entity for sale is referred to as ______.
Collection Delay
The period between when a company bills its customer and when it actually receives payment, impacting cash flow.
Average Daily Float
The average amount of uncollected funds in a company's checking account, representing checks written against and deposited in the account but not yet cleared.
Collection Float
The time period between when a payment is made by a customer and when the funds become available in the company’s account.
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