Net float is equal to a firms available balance minus its, Ask an Expert

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Net float is equal to a firm's available balance minus its book balance. 16. Check kiting is: A. .... Your company has an available balance of $7911. A deposit of $2480 that was made this morning is not yet included in the bank's balance. There are also 4 checks outstanding with a value of $325 each. What is the net float?

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