Create a disbursement float or collection float

Assignment Help Financial Management
Reference no: EM131552471

You have $14,200 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,800.

Does this create a disbursement float or a collection float?

(Click to select) Collection float or Disbursement float

What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Available balance            $

What is your book balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Book balance            $

Reference no: EM131552471

Questions Cloud

Write an equation in point-slope form to find the total : Write an equation in point-slope form to find the total price y for any number of number of months x. Write the equation in slope intercept form.     What is the setup fee?
Calculate the company market value cost of debt : A company's book value of equity is $200 million, and its book value cost of equity is 24%. Calculate the company's market value cost of debt.
What is the amount of company accounts receivable : What is the amount of the company’s accounts receivable?
Compose a discussion board thread that mimics a first-person : You will now pretend to be Michelangelo and compose a discussion board thread that mimics a first-person journal entry.
Create a disbursement float or collection float : Does this create a disbursement float or a collection float? What is your available balance?
Provide a thesis statement for the paper : Provide a thesis statement for the final paper. It is very important that the statement focuses on the final appear and not the topic discussed above.
Discuss about the sculptural process of subtractive carving : Discuss about the sculptural process of subtractive carving from stone. We considered Michelangelo's Awakening Slave .
Calculate the company market value debt to equity ratio : A company's book value of equity is $200 million, and its book value cost of equity is 24%. Calculate the company's market value debt to equity ratio.
Establish communication networks-such as distress hotlines : Establishing communication networks-such as distress hotlines, warning messages displayed on the television or radio, and even text messages or print warnings.

Reviews

Write a Review

Financial Management Questions & Answers

  An investment that pays the same amount at the end

An investment that pays the same amount at the end of each year for a fixed amount of time is called __________. A. an annuity due B. a perpetuity C. an excess cash flow D. an ordinary annuity

  What should the current price be

A bond with a $10,000 par value has an 7.25% coupon rate. What should the current price be?

  Nominal annual cost of trade credit

A firm purchases materials on terms of 3/15, net 40 and it can borrow the funds from a bank at an APR of 30%. Should the firm use the bank loan by taking the discount or the full credit period by giving up the discount? Show your work including nomin..

  Research current budgeting or cash flow issues occuring in

research current budgeting or cash flow issues occuring in todays environment. focus exclusively on the corporate

  What is the firms weighted average cost of capital

Engle Archery, Inc. has 8,000 shares of common stock outstanding at a price per share of $61 and a rate of return of 15.2 percent. The firm has 2,000 shares of 6.8 percent preferred stock outstanding at a price of $72 a share. The yield-to-maturity o..

  Absorb the risk by plowing back the capital surplus

If a firm that CANNOT issue new equity grows at a rate higher than SGR, which of the following MUST be true? They can absorb the risk by plowing back the Capital Surplus. Trick question: a firm cannot grow at a rate higher than SGR

  Buyer must determine the trade-off between

When choosing which types of assets to hold, the buyer must determine the trade-off between:

  Working capital will revert back to normal at end of project

Your firm is contemplating the purchase of a new $672,000 computer-based order entry system. The system will be depreciated straight-line to zero over its six-year life. It will be worth $56,000 at the end of that time. Working capital will revert ba..

  Gain should be entered as positive number

Calculate gain or loss on disposal. Gain should be entered as a positive number.

  What is the current value of APIs common stock

The board of directors of API, a relatively new electronics manufacturer, has decided to begin paying a common stock dividend to increase the attractiveness of the stock in the free market. The company currently has a beta of 1.5, the rate of return ..

  Purchased a call option contract

You have purchased a call option contract on Smith & Smith common stock. The option contract is for 100 shares. The option has an exercise price of $ 43.00 and S&S’s stock currently trades at $40.00. The option premium is quoted at $ 2.00. If the sto..

  Pay the loan off by making your planned monthly payments

Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to transfer your $13,000 balance from your current credit card, which charges an annual rate of 20.8 percent, t..

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