On an average day tennis r us writes checks totaling 2000, Financial Management

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On an average day tennis r us writes checks totaling 2000

On an average day, Tennis R Us writes checks totaling $2,000. These checks take three days to clear. The company receives checks totaling $1,800. These checks take two days to clear. The cost of debt is 8%. What Is the firm's net float? a. -2500 b.-2400 c.2400 d.2500 e. none of the above

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Financial Management: On an average day tennis r us writes checks totaling 2000

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