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On a typical day, a firm writes checks totaling $ 3 , 0 0 0 . These checks clear in seven days. Simultaneously, the firm
On a typical day, a firm writes checks totaling $ These checks clear in seven days. Simultaneously, the firm receives $ The cash is available in two days on average. Calculate the disbursement, collection, and net floats. How do you interpret the answer?
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
