11 On an average day, a company writes 63 checks worth a total of $8,300 that clear...
Fantastic news! We've Found the answer you've been seeking!
Question:
11
On an average day, a company writes 63 checks worth a total of $8,300 that clear in 3.25 days. The company also collects 75 checks worth a total of $10,690 that clear in 2.75 days. What is the company's average collection float?
Group of answer choices
$2,204,813
$26,975
$29,398
Expert Answer:
Posted Date:
