What is the amount of the firm disbursement float

Reference no: EM13291042

Brewster's writes 145 checks a day for an average amount of $211 each. These checks generally clear the bank 3.5 days after they are written. In addition, the firm generally receives an average of $48,700 a day in checks. The checks that are received are deposited immediately and the funds are generally available the following day. What is the amount of the firm's disbursement float.

Reference no: EM13291042

Questions Cloud

Dsescribe steam is withdrawn from the top of the tank : A tank contains 20 percent liquid water and 80 percent steam by volume at 200 degrees celsius. Steam is withdrawn from the top of the tank until the fluid remaining in the tank is at temperature of 150 degrees. Assuming the tank is adiabatic and t..

What is the economic order quantity : The sofas are sold out before they are restocked. What is the economic order quantity?

Compute the charge on each ball : Two identical pith balls are hung by insulating strings, touching each other, as in the picture below. The mass of each ball is 0.002kg. Determine the charge on each ball

What is the length of the inventory period : Stoney Brooke, Inc. has sales of $860,000 and cost of goods sold of $630,000. The firm had a beginning inventory of $37,000 and an ending inventory of $45,000. What is the length of the inventory period.

What is the amount of the firm disbursement float : The checks that are received are deposited immediately and the funds are generally available the following day. What is the amount of the firm's disbursement float.

Design a circuit for control of lights at anytime : Design a circuit for control of lights. There are 3 inputs:Reset, start and clock. Three outputs: Red, Yellow, Green, whichare used to turn on the lights. Only one light can be on at anytime. Reset forces the circuit into a state in which the red ..

Write a critical essay aiming to resolve the issue you pose : Write a critical essay aiming to resolve the issue you pose by following “A Strategy for Understanding, Developing, and Presenting Moral Arguments” (given in theCourse Manual).

The ir spectrum are characteristic for stretching vibration : Peaks that appear to the right of 3000 cm-1 in an IR spectrum are characteristic for which stretching vibration

Use shannons expansion theorem to implement function : Use Shannon's expansion theorem to implement the following function using a 2:1 MUX and other non-MUX gates you may need. LetZ be your select bit and manipulate the formula directly (i.e.don't use the graphical trick).

User Account

All Pages