What Is Meant by Slack (Or Float)

question 24

Essay

What is meant by slack (or float)?

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Definitions:

Cash Inflows

The total amount of money received by a company or individual during a set period.

Payback Period

The duration of time it takes to recover the cost of an investment, calculated as the point where net cash flow equals the initial investment.

Initial Cost

The initial expense associated with the purchase or investment in an asset before operational costs are considered.

Future Cash Inflows

Predicted incoming money to a company or project from operations, investments, or financing activities in the future.