Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Take a look:

Each business day, on average, a company writes checks totaling $32,000 to pay its suppliers. The usual clearing time for the checks is four days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $43,000. The cash from the payments is available to the firm after two days. 

a. Calculate the company's disbursement float, collection float, and net float.

b. How would your answer to part (a) change if the collected funds were available in one day instead of two?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92570237
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Which of the listed qualities of leaders and managers did

Which of the listed qualities of leaders and managers did the nurse manager display? Which behaviors? Which ones did the nurse manager not display?

Are us executives paid too much particularly compared to

Are U.S. Executives paid too much particularly compared to the average worker in their organization?

What issues may arise from the person with the particular

What issues may arise from the person with the particular religious preference, those around that person who may be interested in opportunties that person is being tapped for, and for the organization in building their b ...

Many employees are unwilling to relocate because they like

Many employees are unwilling to relocate because they like their current community, and their spouses and children prefer not to move. Yet employees need to develop new skills, strengthen skill weaknesses, and be exposed ...

Suppose you need to pay your air-ticket of 2400 for a

Suppose you need to pay your air-ticket of $2400 for a European trip in 12 months. If you deposit money now, you can earn 7% per annum with a 50% probability, 6% with a 25% probability and 8% with a 25% probability. How ...

Many employees are unwilling to relocate because they like

Many employees are unwilling to relocate because they like their current community, and their spouses and children prefer not to move. Yet employees need to develop new skills, strengthen skill weaknesses, and be exposed ...

The teenager company makes and sells skateboards at an

The Teenager Company makes and sells skateboards at an average price of

What do you think would be factors to consider to determine

What do you think would be factors to consider to determine how much animation to use or not use? What the difference weather how much animation to use or not use. you think would be factors.

A procedure in which federal inspectors are sent copies of

A procedure in which federal inspectors are sent copies of a buyer's specifications. A requirement is then made in the purchase agreement that the seller must submit the goods to this inspector for quality and quantity v ...

How does servant leadership is looked at by judaism

How does servant leadership is looked at by Judaism, Buddhism, Islam and Christianity? Similarities and differences in the four religious traditions based on servant leadership?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved