What is the firm net float in dollars

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Reference no: EM132769596

Problem 1: In weighted average cost of capital, a company can affect its capital cost through

a. policy of capital structure
b. policy of dividends
c. policy of investments
d. all of the above

Problem 2: Jumpstick Company writes checks averaging $15,000 a day. and it takes 5 days for these checks to clear. The firm also receives checks in the amount of $17,000 a day, but the firm loses three days while its receipts are being deposited and cleared. What is the firm's net float in dollars?

a. $126,000
b. $75,000
c. $32,000
d. $24,000
e. $16,000

Reference no: EM132769596

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