Each business day, on average a company writes checks totaling $14,000 to pay its suppliers. the usual clearing time for the checks is four days. meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $26,000. the cash from the payments is available to the firm after two days. a. calculate the companys disbursement float, collection float, and net float. b. how would you answer to part (a) change if the collected funds were available in one day instead of two?

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $

An essential element of being receptive to messages is to have an open mind true or false

Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.