Question

Which would a firm prefer: a net collection float or a net disbursement float? Why? 

   Which would a firm prefer: a net collection float or a net disbursement float? Why?
Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
Stephen A. Ross;… 11th Edition
Chapter 19, Problem 7 ↓

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Net collection float refers to the time it takes for a firm to receive funds after it has deposited a check or received payment from a customer. This float occurs when there is a delay between the time a customer pays and the time the funds are available for use  Show more…

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Which would a firm prefer: a net collection float or a net disbursement float? Why?
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