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Modos company has depositied $4,030 in checks recieved from customers. It has written $1,580 in...

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Finance

Modos company has depositied $4,030 in checks recieved from customers. It has written $1,580 in checks to its suppliers. The initial bank and book balance was $430. If $3,570 of its customers' checks have cleared, but only $490 of its own, calculate its float.

a. $950

b. $730

c. $780

d. $630

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