Shamba Corporation Writes Cheques That Average $90,000 and Take on Average

question 85

Multiple Choice

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)$45,000
• B)$60,000
• C)$855,000
• D)$135,000

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Definitions:

Austrian Psychiatrist

Refers to a psychiatrist from Austria, which could historically include figures like Sigmund Freud who is renowned for his contributions to psychoanalysis.

Inappropriate Behaviors

Actions or conduct that are not suitable or proper in a given context or situation.

Brain Abnormalities

Structural or functional deviations in the brain from the normal, which can be congenital or acquired and affect cognitive, emotional, or physical health.

Mental Processes

The internal, covert activities that occur in the mind, encompassing thoughts, feelings, and cognitive functions.