Question
S On an average day, a company writes 53 checks worth a total of $8,050 that clear in 2.5 days. The company also collects
S On an average day, a company writes 53 checks worth a total of $8,050 that clear in 2.5 days. The company also collects 65 checks worth a total of $10,190 that clear in 2 days. What is the company's average collection float? Multiple Choice $20,380 $10,190 $20,125 $18,240
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Introduction To Health Care Management
Authors: Sharon B. Buchbinder, Nancy H. Shanks
3rd Edition
9781284081015
