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-In the above figure, equilibrium expenditure is equal to
Net Collection Float
Net collection float refers to the difference in time between when a check is deposited into a bank account and when the funds are available for use, affecting a company's cash flow.
Net Float
The difference between checks written against and deposited in an account, which affects the balance available in the account.
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.
Mail Float
The time gap between when a payment is sent via mail and when it is received and processed, affecting the time when the funds become available.
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