You have $43,000 on deposit with no outstanding checks or uncleared deposits. One day you write a
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You have $43,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $5,100 and then deposit a check for $8,400. What are your disbursement collection, and net floats?
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Your disbursement float is the amount of the chec...View the full answer
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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