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You have $37,100 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $7,000 and then deposit a check
You have $37,100 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $7,000 and then deposit a check for $4,000. What are your disbursement, collection, and net floats? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
Disbursement float | $ |
Collection float | $ |
Net float | $ |
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