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Suppose a hospital writes checks of $100,000 per day and it takes, on average, 7 days for those to be received and clear the banking
Suppose a hospital writes checks of $100,000 per day and it takes, on average, 7 days for those to be received and clear the banking system.___ Furthermore, the hospital receives $120,000 in checks daily that take 4 days to be deposited and credited._________________ What is the hospital's float
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