Solved

Randolf Received Three Cheques This Month

Question 180

Multiple Choice

Randolf received three cheques this month. The cheque amounts and the delay in clearing times are as follows: Randolf received three cheques this month. The cheque amounts and the delay in clearing times are as follows: What is the total float for the month? A) $45,000 B) $46,833 C) $47,500 D) $49,667 E) $52,500 What is the total float for the month?


A) $45,000
B) $46,833
C) $47,500
D) $49,667
E) $52,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q175: Using the Miller-Orr model, what is the

Q176: Your firm spends $110,000 a week to

Q177: BullsNBears, a purveyor of financial databases, estimates

Q178: Donaldson, Inc. spends $79,000 a week to

Q179: Picard Industries requires $250,000 a week to

Q181: On an average day, Finley, Inc. receives

Q182: Your firm receives 30 cheques from customers

Q183: Your chequebook shows you have a $10,000

Q184: Your chequebook shows you have a $10,000

Q185: When you reconciled your chequebook, you had

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents