Assuming that the firm has done all it can to stimulate customers to pay promptly and to select vendors offering the most attractive and flexible credit terms, it can further speed collections and slow disbursements by taking advantage of the "float" existing in the collection and payment systems.

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"Float" refers to the time between when a payment is made and when the funds are actually transferred. By managing this float effectively, the company can speed up collections and slow down disbursements, thereby improving its cash flow.

Assuming That the Firm Has Done All It Can to Stimulate