subject
Business, 05.05.2020 19:23 Kiki18love

Kl textiles writes 22 checks a day for an average amount of $827 each. these checks generally clear the bank 3.5 days after they are written. in addition, the firm generally receives an average of $23,902 a day in checks. deposited amounts are available after one day. what is the amount of the firm's disbursement float?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
question
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
question
Business, 22.06.2019 20:10
Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account
Answers: 3
You know the right answer?
Kl textiles writes 22 checks a day for an average amount of $827 each. these checks generally clear...
Questions
question
Mathematics, 21.01.2020 18:31
Questions on the website: 13722367