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Shannara Manufacturing writes 40 checks a day for an average amount of $537 each that generally clear 3.75 days after they are written. In addition,
Shannara Manufacturing writes 40 checks a day for an average amount of $537 each that generally clear 3.75 days after they are written. In addition, the firm generally receives 48 checks each day with an average amount of $622 each that are available after 3.25 days. Is this a collection or disbursement float? What is the amount of the float?
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