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A comment on Reverse Engineering Ticketmaster's Rotating Barcodes. Parent comment
2. there are a lot of customers
3. therefore ticket master holds lots of customer cash in transit (this is called the "float")
4. cash earns 5% interest so this year they will earn about 5% * avg float
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2. there are a lot of customers
3. therefore ticket master holds lots of customer cash in transit (this is called the "float")
4. cash earns 5% interest so this year they will earn about 5% * avg float