Net float equals A) disbursement float + collection float. B) the ava

Net float equals

A) disbursement float + collection float.
B) the available balance − the firm’s book balance.
C) disbursement float − collection float − the firm’s book balance.
D) disbursement float − collection float.
E) disbursement float + collection float − the firm’s available balance.

 

 

ANSWER

B

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