It would seem that ﬂoat management for most ﬁrms would provide only a small NPV, that is, only a
small beneﬁt to the ﬁrm. Given that there are other positive NPV projects out there, why should a
ﬁrm spend a lot of time chasing after a few pennies?

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The Answer of It would seem that ﬂoat management for most ﬁrms would provide only a small NPV, that is, only a
small beneﬁt to the ﬁrm. Given that there are other positive NPV projects out there, why should a
ﬁrm spend a lot of time chasing after a few pennies?

It Would Seem That ﬂOat Management for Most ﬁRms Would