Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
11th Edition
ISBN: 9780077861704
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 19, Problem 13CRCT
Summary Introduction

To discuss: Whether there is anything unethical in the given situation.

Introduction:

The float is the difference between the bank cash and the book cash, denoting the net effects of checks in the clearing process.

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Fundamentals of Corporate Finance

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