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Shannara Manufacturing writes 34 checks a day for an average amount of $513 each that generally clear 2.25 days after they are written. In addition,

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Shannara Manufacturing writes 34 checks a day for an average amount of $513 each that generally clear 2.25 days after they are written. In addition, the firm generally receives 42 checks each day with an average amount of $586 each that are available after 1.75 days. Is this a collection or disbursement float? What is the amount of the float? Multiple Choice A disbursement float of $3.827 A disbursement foot of $5.622 A colection Most of $5.622 Multiple Choice 0 A disbursement float of $3,827 0 A disbursement float of $5,622 0 O A collection float of $5,622 0 O A collection float of $3,827 0 A collection float of $4721

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