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

Assignment Help Financial Management
Reference no: EM131539523

As of this morning, your firm had a ledger balance of $3,216 with no outstanding deposits or checks. Today, your firm deposited 2 checks in the amount of $471 each and wrote a check in the amount of $803. What is the amount of the collection float as of the end of the day?

Reference no: EM131539523

Questions Cloud

Explain the flexible budget : A flexible budget shows fixed costs as constant amounts of cost per unit of activity.
Compare and contrast ethics-morals-values : Compare and contrast ethics, morals, values and bioethics. Once your material is posted, be sure to review and comment on at least two of your peers postings.
Compute the controllable overhead variance : Nokia monitors its fixed overhead. In an analysis of fixed overhead cost variances, what is the volume variance?
What is the labor efficiency variance : The following information is available for York Company.
What is the amount of the collection float as of end of day : What is the amount of the collection float as of the end of the day?
Can the total materials cost variance be favorable : If a materials quantity variance is favorable and a materials price variance is unfavorable, can the total materials cost variance be favorable?
Write a strategic plan : In a 20-page strategic plan, include the following components: Mission statement (provided in the case study), Vision statement, Core values and SWOT analysis
Share of stock and writing two at the money call options : A trader is considering purchasing one share of stock and writing two at the money call options. Explain why a trader may choose to exercise such a strategy.
Illustrate your responses with specific examples : Illustrate your responses with specific examples. What is the role of the information and news media in the shaping of political opinions?

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