________ float can be calculated by subtracting a firm's book balance from the firm's available balance.
A) Net
B) Collection
C) Electronic funds transfer (EFT)
D) Compensating
E) Disbursement

Name: ________ float can be calculated by subtracting a firm's book balance from the firm's available balance. A) Net B) Collection C) Electronic funds transfer (EFT) D) Compensating E) Disbursement
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Question

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We calculate net float as the difference between the firm's available balance and the firm's book balance.

________ Float Can Be Calculated by Subtracting a Firm's Book