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13 in a typical month, the CBC Corporation receives 35 checks totaling $280,000. These are delayed three (3) days on average. What is the average

in a typical month, the CBC Corporation receives 35 checks totaling $280,000. These are delayed three (3) days on average. What is the average daily float? Assume 30 days per month.

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$840,000

$3,266,667

$28,000

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