2) At the beginning of the day, a company has a cash balance of $12,150 and no float. During the day, the company wrote three checks for $780, $1,115, and $1,480. The company also deposited checks for $1,345 and $2,160. What is the company's disbursement float? A) $130 B) $6,880 C) $8,645 D) $3,375 E) $3,505.
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2) At the beginning of the day, a company has a cash balance of $12,150 and no float. During the day, the company wrote three checks for $780, $1,115, and $1,480. The company also deposited checks for $1,345 and $2,160. What is the company's disbursement float?
A) $130
B) $6,880
C) $8,645
D) $3,375
E) $3,505.
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