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28 29 Wayne Enterprises writes 42 checks a day for an average amount of $454 each. These checks generally clear the bank 3 days after
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Wayne Enterprises writes 42 checks a day for an average amount of $454 each. These checks generally clear the bank 3 days after they are written. In addition, the firm generally receives 54 checks with an average amount of $544 each. Deposited amounts are available after an average of 2.5 days. What is the firm's disbursement float? Multiple Choice $19,068 $16.236 $73,440 $57,204 $29,376 Save & Exit Submit Dharma Initiative writes 37 checks a day for an average amount of $525 each. These checks generally clear the bank 3 days after they are written. In addition, the firm generally receives 74 checks with an average amount of $604 each. Deposited amounts are available after an average of 2.5 days. What is the amount of the firm's collection float? :30 Multiple Choice $53,465 $58,275 $111.740 $44,696 $19,425
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