Question
You have $36,800 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $6,700 and then deposit a check
You have $36,800 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $6,700 and then deposit a check for $4,300.
What are your disbursement, collection, and net floats?
Disburrsement
Collection
Net Floats
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
