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On an average day, a company writes 5 1 checks worth a total of $ 8 , 0 0 0 that clear in 3 .

On an average day, a company writes 51 checks worth a total of $8,000 that clear in 3.75 days. The company also collects 63 checks worth a total of $10,090 that clear in 3.25 days. What is the company's average collection float?
Question 3Answer
a.
$32,793
b.
$30,000
c.
$18,090
d.
$10,090
e.
$8,000

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