Shamba Corporation writes cheques that average $90,000 and take on average 5 days to clear. Cheques are received with an average value of $45,000 and take 9 days to clear. Determine the net float.
A) $135,000
B) $855,000
C) $60,000
D) $45,000
Ans: D) $45,000
Business
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A) They have little involvement with buyers or sellers outside the parent country. B) They purchase imported goods at a discount and resell them in the foreign or host country. C) They maintain a principal-agent relationship with the exporter. D) They do not take title to the goods being exported.
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Two of the most common forms of coaxial cable are thinnet (RG-58 ) and thicknet (RG-8 )
Indicate whether the statement is true or false
Business