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In a typical month, the Webber Corporation receives 100 checks totalling 108,000, These are delayed 5 days on average. Assume 30 days in a month.
In a typical month, the Webber Corporation receives 100 checks totalling 108,000, These are delayed 5 days on average. Assume 30 days in a month.
What is average daily float?
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Fundamentals Of Financial Management
Authors: James C Van Horne
3rd Edition
0133393410, 978-0133393415
