You have $35,400 on deposit with no outstanding checks or uncleared deposits. One day you write a

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You have $35,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $4,700 and then deposit a check for $6,300. What are your disbursement, collection, and net floats?

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Essentials Of Corporate Finance

ISBN: 9780073382463

7th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 14, 2019 11:12 AM

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You have $35,400 on deposit with no outstanding checks or uncleared deposits. One day you write a

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Your disbursement float is the amount of the check ...View the full answer

Essentials Of Corporate Finance

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