Calculating Net Float Each business day, on average, a company writes checks totaling $800 to pay its suppliers. The usual clearing time for the checks is 4 days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $960. The cash from the payments is available to the firm after 1 day. Calculate the company's disbursement float, collection float, and net float. PART A: Disbursement float: $ 1 Question 3 (2.5 points) 4) Listen PART B: Collection float: $

Each business day, on average, a company writes checks totaling $800 to ply its suppliers. The usual clearing time for the checks is 4 days. Meanwhile, the emmpany is receiving payments from its customers each day, in the form of checks, totaling \$960. The cash from the payments is available to the firm after 1 day. Calculate the company's disbursement float, collection float, and net float. PART A: Disbursement float: $ Question 3 ( 2.5 points) PART B: Collection float $