Your company has an available balance of $5,980. A deposit of $1,470 that was made this morning is not yet included in the bank's balance. There are also 2 checks outstanding with a value of $495
Each. What is the net float?
A) Net collection float of $480.
B) Net collection float of $975.
C) Net float of $900.
D) Net disbursement float of $480.
E) Net disbursement float of $975.
Correct Answer:
Verified
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