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To create a float, or the difference between a firms actual money on hand, and the amount credited to the firm by the bank. Thereby being able to meet other financial obligations without actually having the funds to do so.

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16y ago

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Why would a financial manager slows down disbursements?

A financial manager may slow down disbursements if the quality of work isn't up to par. They may also do it if funds are tight for the organization.


Where would you find a financial institution?

When you drive down the street, while others, such as BankAtlantic that issues credit cards, may be headquartered in another state.


What happened to the company Chrysler Financial?

Chrysler Financial was a car financing company. When Daimler bought the Chrysler automotive business it also acquired Chrysler Financial. For business reasons Chrysler Financial was closed down.


Sometimes lenders allow or require a down payment before they extend you the loan. What would be the advantage to the lender What would be the advantage to the borrower?

For lenders, requiring a down payment reduces their risk by ensuring that the borrower has a financial stake in the property, which can lead to lower default rates. It also provides a cushion in case the borrower defaults, as the lender can recover some of their investment through the down payment. For borrowers, making a down payment can result in lower monthly payments, reduced interest rates, and a stronger position when negotiating loan terms, as it demonstrates financial commitment and stability.


What is the maximum amount of cash that you are able to put down on a car purchase?

The maximum amount of cash you can put down on a car purchase depends on your financial situation and the policies of the dealership. It is recommended to consult with the dealership or your financial advisor to determine the best amount to put down.

Related Questions

Why would a financial manager slows down disbursements?

A financial manager may slow down disbursements if the quality of work isn't up to par. They may also do it if funds are tight for the organization.


Who was system of a down's manager?

System Of A Down's manager was Beno.


How will you ensure that a busy manager sits down and listens to you?

How will you ensure that a busy manager sits down and listens to you? How will you ensure that a busy manager sits down and listens to you?


How would you rate the financial status of the garners before the air conditioner broke down?

I would rate the financial status poor because there was no emergency funds saved for these kinda things.


What are some financial derivatives?

A financial derivative is merely a contract, or a financial agreement between two companies or businesses. Some such examples are basic agricultural futures contracts. A farmer would benefit if the price goes down after his sales as he would be protected.


How would you bring up the task manager on a PC?

You hold down Ctrl, Alt and Delete at the same time.


Task manager in control panel?

Task manager is found by holding down "Ctrl" + "Alt" + "Del" then click task manager.


Where did the band system of a down get their name?

The name is based on a poem written by Daron Malakian titled "Victims Of A Down", but their manager at the time (Shavo) thought "System" would be better.


Why would your computer restart when you click shut down button?

Because the task manager is telling it to. Press Ctrl+Alt+Del and do the shut down from there. Next time you use the computer it should shut down normally.


Would they consider shutting down the apple company?

They would only shut it down if they had huge financial trouble. If Steve Jobs passes away they will find somebody else to lead the company. They are so popular that it would be devastating if they went out of business.


Write down in brief the dilemma that might exist between the stakeholder and the manager?

Write down in brief the dilemma that might exist between the stakeholder and the manager?Read more: Write_down_in_brief_the_dilemma_that_might_exist_between_the_stakeholder_and_the_manager


Where would you find a financial institution?

When you drive down the street, while others, such as BankAtlantic that issues credit cards, may be headquartered in another state.