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Calculating float. Each business day, on average, a firm writes checks totaling $17000 to pay its suppliers. The usual clearing time for the checks is

Calculating float. Each business day, on average, a firm writes checks totaling $17000 to pay its suppliers. The usual clearing time for the checks is 4 days. Meanwhile, the firm is receiving payments from its customers each day, in the forms of checks, totaling $22000. The cash from the payments is available to the firm after two days. What is the firms disbursement float, collection float, and net float?

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