CourseLover

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    Devry University
    Sep-2004 - Aug-2010

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    NatSteel Holdings Pte Ltd
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Category > Business & Finance Posted 08 Dec 2017 My Price 10.00

What is the firm's net float

ABC Company writes 384 checks a day for an average amount of $528 each. These checks generally clear the bank in 3 days. In addition, the firm generally receives an average of $163,586 a day in checks that are deposited immediately. Deposited funds are available in 1 days. What is the firm's net float?

 

The answer is not 202,752

Answers

(12)
Status NEW Posted 08 Dec 2017 06:12 AM My Price 10.00

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