17.At the start of the day, the ledger balance and the available balance for ABC Company was $7,505. During the day, the firm wrote two checks in the amounts of $421 and $849. The firm deposited two checks: one check for $1,555 and another check for $1,055. What is the amount of the collection float as of the end of the day?

18.ABC Corp. currently has an inventory turnover of 10, a payables turnover of 7.18, and a receivables turnover of 14.6. How many days are in the operating cycle?

19.ABC Inc. last paid an annual dividend of $8.2.The dividends are expected to grow by 6.6% each year. What is the amount of expected dividend in Year 22. That is, what is D22?

20.ABC Company currently has a cash cycle of 152 days. The firm is considering making some changes as follows: (i) increase the inventory period by 30 days, (ii) decrease the accounts receivable period by 64 days, and (iii) decrease the accounts payable period by 62 days. Calculate the number of days in the new cash cycle after the above changes become effective?That is, what is the new cash cycle?