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Shannara Manufacturing writes 2 2 checks a day for an average amount of $ 4 6 5 each that generally clear 2 . 7 5

Shannara Manufacturing writes 22 checks a day for an average
amount of $465 each that generally clear 2.75 days after they are
written. In addition, the firm generally receives 30 checks each
day with an average amount of $514 each that are available after
2.25 days. Is this a collection or disbursement float? What is the
amount of the float? A collection float of $8,358 A collection
float of $6,563 A disbursement float of $8,358 A collection float
of $7,457 A disbursement float of $6,563

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