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You have $10,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $5,000 and then deposit a check
You have $10,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $5,000 and then deposit a check for $3,000. What are your (a) disbursement, (b) collection, and (c) net floats? Explain your conclusions.
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