What are your disbursement-collection and net floats

Assignment Help Financial Management

Reference no: EM13911721

You have $36,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $6,300 and then deposit a check for $4,700. (Enter your answer as directed, but do not round intermediate calculations.) Required: What are your disbursement, collection, and net floats? (Negative amounts should be indicated by a minus sign.) Disbursement float $ Collection float $ Net float $

Reference no: EM13911721

Questions Cloud

What amount of unrealized loss on securities should included : What amount of unrealized loss on these securities should be included in Klugman's stockholders' equity section of the balance sheet at December 31, 2008?

Find the most recent one-year dividend payment : Find the most recent one-year dividend payment, that is four most recent quarterly dividends paid by ExxonMobil and Starbucks, if any. State the most recent one-year dividend payment for both companies. If both companies does not pay dividends, note ..

Passing the virus to unborn child : A new drug is developed that shows promising results in AIDS patients, especially when it used to prevent a mother from passing the virus to her unborn child.

Which if any of these expenditures should be capitalized : Riley Holdings Corp. incurred the following expenditures: $3,100 cost to replace the transmission in a company owned vehicle; $16,400 cost of annual property insurance on the company's production facilities;

What are your disbursement-collection and net floats : You have $36,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $6,300 and then deposit a check for $4,700. What are your disbursement, collection, and net floats?

Why bank regulators have outlawed leverage by banks : Leverage magnifies losses associated with declines in asset values but not with gains in asset values. This asymmetry is why bank regulators have outlawed leverage by banks that benefit from FDIC insurance.

What is the amount of the last dividend paid : Weisbro and Sons common stock sells for $32 a share and pays an annual dividend that increases by 4.2 percent annually. The market rate of return on this stock is 9.90 percent. What is the amount of the last dividend paid by Weisbro and Sons?

Calculated magnetic moment : (a) What would be the calculated magnetic moment of [Ni(H2O)6]2+ ? (b) What kind of metals are extracted by electrometallurgy? Give an example.

Estimate the present value of tax benefits from depreciation : Your Company is considering a new project that will require $1,030,000 of new equipment at the start of the project. The equipment will have a depreciable life of 9 years and will be depreciated to a book value of $305,500 using straight-line depreci..

User Account

All Pages