What is the clinical float

Assignment Help Finance Basics

Reference no: EM13269562

On a typical day, Park Place Clinic writes $1,000 in checks. Generally, those checks take four days to clear. Each day the clinic typically receives $1,000 in checks, which take three days to clear. What is the clinical's float?

Reference no: EM13269562

Questions Cloud

What is the new interest rate in the market : If interest rates suddenly fluctuated and the value of your firm's equity were to decrease by $120,000, what is the new interest rate in the market?

Explain the energy needed to break only the bond : The average bond enthalpy for a double bond is 614 and that of a single bond is 348 . Estimate the energy needed to break only the bond of the double bond of 2-butene. Express your answer numerically in joules per molecule.

What is the hospital corporate cost of capital : St. Vincent's Hospital has a target capital structure of 35 percent debt and 65 percent equity. Its cost of equity estimate is 13.5 percent and its cost of tax-exempt debt estimate is 7 percent. What is the hospital's corporate cost of capital?

What is the half-life in numbers of tosses : You can simulate radioactive decay by tossing pennies. Assemble a collection of as many pennies (or other coins) as you can; around 100 would be ideal. What is the half-life in numbers of tosses

What is the clinical float : On a typical day, Park Place Clinic writes $1,000 in checks. Generally, those checks take four days to clear. Each day the clinic typically receives $1,000 in checks, which take three days to clear. What is the clinical's float?

Strategy of prevention : Which of the following is not a strategy of prevention?

Explain what is the molar mass of haproxen : A solution of 1.138g of naproxen in 25g benzene has an osmotic pressure of 4.00 atm at 20 C. The density of benzene is 0.8787g/mL. Assume the density of the solution equals the density of pure benzene. What is the molar mass of haproxen

What is the power factor of the current supplied : Two one phase loads, a 5kW resistor, and a 10kVA load with a 0.707 lagging power factor are connected in parallel to a 120 V source. What is The power factor of the current supplied to the two loads by the source

Explain the concept of personalized self-serve solutions : Explain the concept of personalized self-serve solutions and the role of web content as it relates to a customer's individual needs.

User Account

All Pages