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each business day on average a company writes checks totaling $40,500 to pay its suppliers. the usual clearing time for the checks is five days.

each business day on average a company writes checks totaling $40,500 to pay its suppliers. the usual

clearing time for the checks is five days. Meanwhile, the company is receiving payments from its customers

each day, in the form of checks, totaling $51,500. The cash from the payments is available to the firm

after three days.

A.Calculate the company's disbursement float, collection float, and net float.

(a negative answer should be indicated by a minus sign. Do not round intermediate

calculations and round your answer to the nearest whole number.)

B.Calculate the company's disbursement float, collection float, and net float, if

the collected funds were available in one day instead of three.

(a negative answer should be indicated by a minus sign. Do not round intermediate

calculations and round your answer to the nearest whole number.)

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