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Smelpank, Inc. estimates that it takes, on average, one day for customers' payments to arrive, three days for the payments to be rocessed and deposited

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Smelpank, Inc. estimates that it takes, on average, one day for customers' payments to arrive, three days for the payments to be rocessed and deposited by the bookkeeping department, and two more days for the checks to clear once they are deposited. What is the firm's collection float? Collection float days

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