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Elaboraetum, Inc., earned $142,575 in cash sales and $306,750 in credit sales on 40 day terms, all in the third quarter. If the third quarter

Elaboraetum, Inc., earned $142,575 in cash sales and $306,750 in credit sales on 40 day terms, all in the third quarter. If the third quarter also began with $198,657 in receivables from the previous quarter, what is the total cash flow from all sales for the third quarter?

$ 368,73.00

$ 448,325.33

$ 279,991.79

$ 648,982.00

$ 511,648.67

Ginger's Stolen Soles, Inc., has a total disbursement float of $2,464.50 and total net float of $438. What is the company's total collection float?

$ 2,892.50

$ 2,259.29

$ 1,840.50

$ 2,616.00

$ 2,026.50

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