You have $26,500 on deposit with no outstanding checks or uncleared deposits. One day you write a

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You have $26,500 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $4,200 and then deposit a check for $5,100. What are your disbursement, collection, and net floats?

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Essentials of Corporate Finance

ISBN: 978-1259277214

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 30, 2016 09:39 AM

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You have $26,500 on deposit with no outstanding checks or uncleared deposits. One day you write a

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Input Area Amount on deposit 2...View the full answer

Essentials of Corporate Finance

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