What is the firms net float in dollars

Assignment Help Financial Management

Reference no: EM131553794

Jumpdisk Company writes checks averaging $25,000 a day, and it takes 5 days for these checks to clear. The firm also receives checks in the amount of $27, 500 per day, but the firm loses three days while its receipts are being deposited and cleared. What is the firm's net float in dollars? (Please only enter number. For example, if your answer is $16, 500, enter 16500)

Reference no: EM131553794

Questions Cloud

Calculate the coordinate speed of the beacon : Consider a comoving observer sitting at constant spatial coordinates (r *, ?*, P* ), around a Schwarzs child black hole of mass M.

The system development methodologies : What steps would you take to align the IS functions of an organization with its organizational mission?

Compute the profit-maximizing linear pricing scheme : Compute the profit-maximizing linear pricing scheme. Compute the profit -maximizing quantity -discount scheme.

How process safety management standard uses risk management : Discuss how the Process Safety Management Standard uses risk management principles rather than detailed compliance specifications.

What is the firms net float in dollars : What is the firm's net float in dollars?

Explain what is purpose of installed smoke management system : The property owner asks you what the firefighters smoke control station (FSCS) is, and what is the purpose of the installed smoke management system?

Find the selling price for the remaining jerseys : find the selling price for the remaining jerseys.

Identify inefficiency in way that human resource are utilize : Identify inefficiencies in the way that human resources are utilized in a business at which you have worked in the past or with which you are familiar.

What is the time for one complete bounce of this child : If each elastic band stretches 0.290 m while supporting a 5.75-kg child at rest, what is the force constant for each elastic band?

User Account

All Pages