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Bubba is CFO of Draws and Fades Inc. and D&F Inc. has deposited $2,000 in checks received from customers. It as written $1,400 in checks
Bubba is CFO of Draws and Fades Inc. and D&F Inc. has deposited $2,000 in checks received from customers. It as written $1,400 in checks to its suppliers. The initial balance was $400. If $1,600 of its customers checks have been cleared but only $600 of its own, calculate its float.
Select one:
A. $200
B. $400
C. $300
D. $700
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