Fundamentals of Corporate Finance (Special Edition for Rutgers Business School)
Fundamentals of Corporate Finance (Special Edition for Rutgers Business School)
11th Edition
ISBN: 9781308509853
Author: Ross, Westerfield, Jordan
Publisher: McGraw Hill
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Chapter 19, Problem 1QP
Summary Introduction

To calculate: The average daily float.

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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Chapter 19 Solutions

Fundamentals of Corporate Finance (Special Edition for Rutgers Business School)

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