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on a typical day, a company rates 81 checks with a total of $10,720 that clear in 2.75 days. The company also collects 94 checks
on a typical day, a company rates 81 checks with a total of $10,720 that clear in 2.75 days. The company also collects 94 checks with a total of $14,770 that clear in 2.25 days. Is this a collection dispersement float? What is the float value?
a) A collection float of $4050
b) A collection float of $3910
c) A collection float of $3753
d) A dispersement float of $4050
e) A disbursement float of $3753
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