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Question 3 The firm monthly receives 100 remittances of $1,000 each. The collection time is 6 days. What is the total dollar-days of float? Question

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Question 3 The firm monthly receives 100 remittances of $1,000 each. The collection time is 6 days. What is the total dollar-days of float? Question 4 The firm's total dollar-day float for the month is $ 8531466. What is the average collection float for a 30-day month

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