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Each business day, on average, a company writes Checks totaling $39, 500 to pay its suppliers. The usual clearing time for the checks is six

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Each business day, on average, a company writes Checks totaling $39, 500 to pay its suppliers. The usual clearing time for the checks is six days. Meanwhile, the company receiving payments from is customers each day, in the form of checks, totaling $50.500. The cash from the payments is available to the firm after four days. a. Calculate the company's disbursement float, collection float, and net float. b. Calculate the company's disbursement float, collection float and net float. If the collected funds were available in two days instead of four

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