The ledger balace and the avaiable balace for the firm

Assignment Help Financial Management

Reference no: EM131354985

As of Monday morning, the ledger balace and the avaiable balace for the firm was $3,600. During the day, the firm wrote 3 checks in the amounts of $230, $590 and $870. The firm deposited a check for $360 and a check for $910.

1. What is the amount of the collection float as of the end of the day?

2. What is the amount of the disbursement float as of the end of the day?

Reference no: EM131354985

Questions Cloud

Has there been a transfer of heat : A gas contained in a cylinder by a layer of styro foam is quickly compressed, the temperature rising several hundred degrees. Has there been a transfer of heat?

Analyze the specific actions that the leadership has taken : Analyze the specific actions that the leadership of the selected country has taken, through the use of its foreign aid from donor nations and international lending institutions, to relieve the severe problems caused by warfare.

Has heat been transferred : A combustion experiment is performed by burning a mixture of fuel and oxygen in a constant-volume container surrounded by a water bath.- Has heat been transferred?- Has work been done?- What is the sign of ?U?

Review the design principles on harmony and variety : Review the design principles on harmony and variety from lessons within the course and write a one-page essay describing how harmony and variety are used in Wassily Kandinsky's painting Improvisation 21A.

The ledger balace and the avaiable balace for the firm : As of Monday morning, the ledger balace and the avaiable balace for the firm was $3,600. During the day, the firm wrote 3 checks in the amounts of $230, $590 and $870. The firm deposited a check for $360 and a check for $910. What is the amount of th..

Identify any performance issue from the analysis : Calculate Liquidity Analysis, Asset Turnover, Leverage, and Operating Performance/Profitability ratios for each of the subsidiary - Identify any performance issue from the analysis

The correct cost of common equity for the firm : Underestimated Inc.’s common shares currently sell for $41 each. The firm’s management believes that its shares should really sell for $56 each. The firm just paid an annual dividend of $2 per share and management expects those dividends to increase ..

Has heat been transferred : A liquid is irregularly stirred in a well-insulated container and thereby experiences a rise in temperature. If the system is the liquid has heat been transferred?

Identify the specific components of an institution : Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution.

User Account

All Pages