What is the amount of disbursement float as of end of day

Assignment Help Financial Management
Reference no: EM131297830

As of this morning, your firm had a ledger balance of $3,632 with no outstanding deposits or checks. Today, your firm deposited 4 checks in the amount of $284 each and wrote 7 checks in the amount of $671 each. What is the amount of the disbursement float as of the end of the day? Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

Reference no: EM131297830

Questions Cloud

The expected return on the stock : A stock's price is $20 at the beginning of a year. There is a 25 percent chance that the price will be $17 at the end of the year, and a 75 percent chance that the price will be $25 at the end of the year. The stock will pay a dividend of $3 during t..
What you think is current strategic position of organization : what you think is the current strategic position of your organization (based on research of the company you selected for your Final Project), and you will do a rough-cut evaluation of that strategy and related strategic position statement.
What is the firms net float : ABC Company writes 369 checks a day for an average amount of $381 each. These checks generally clear the bank in 5 days. In addition, the firm generally receives an average of $125,264 a day in checks that are deposited immediately. Deposited funds a..
How sale fits into the right and remedies of secured parties : Who was present? What was said? Also note your feelings about the process. Did it appear to be fair? Could there be a better approach? Discuss how the sale fits into the rights and remedies of secured parties.
What is the amount of disbursement float as of end of day : As of this morning, your firm had a ledger balance of $3,632 with no outstanding deposits or checks. Today, your firm deposited 4 checks in the amount of $284 each and wrote 7 checks in the amount of $671 each. What is the amount of the disbursement ..
What are the three elements of motivation : Click on "Elements of Motivation." What are the three elements of motivation? What are the seven rules of motivation?
How dells treatment of its employees motivates : Explain how Dell's treatment of its employees motivates them to perform well.- Do you think that training is mportant to Dell?
Who were extradited forcibly for a crime committed : who were extradited forcibly for a crime committed. Explaining why the individual should have been or should not have been extradited.
Models and the tools for connecting and communicating : Using what you have learned about e-business models and the tools for connecting and communicating, list six companies and describe what their revenue model is and what their e-business model is.  Creating a list is sufficient for this activity.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd