Question 11.6: Consider the same company as in Example 11.5, selling produc...

Analytical Corporate Finance

Consider the same company as in Example 11.5, selling products and being paid with a check of 50,000 €. The company book balance will immediately increase by the amount of 75,000 €, while the bank account will not. If the company starts with a balance of 200,000 € in both the book and the bank, the float scheme looks like:

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