Question
Bulldogs Inc. has a positive net float of P6,000. The mail time and clearing time for all the checks received and disbursed by the firm
If Bulldogs Inc. has an average daily disbursement float of P18,000, how much is the average daily collection?
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
11th edition
978-0134065830, 134065832, 134127625, 978-0134127620
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