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On a typical day, a company writes 68 checks worth a total of $10,460 that clear in 3 days. The company also collects 81 checks
On a typical day, a company writes 68 checks worth a total of $10,460 that clear in 3 days. The company also collects 81 checks worth a total of $14,575 that clear in 2.5 days. Is this a collection or disbursement float? What is the float value? Multiple Choice A collection float of $5,058 A disbursement float of $4,115 A collection float of $4,115 A disbursement float of $5,058 A collection float of $5,215
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