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MC algo 19-8 Net Float 3 On a typical day, a company writes 71 checks worth a total of $10,520 that clear in 3.75 days.

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MC algo 19-8 Net Float 3 On a typical day, a company writes 71 checks worth a total of $10,520 that clear in 3.75 days. The company also collects 84 checks worth a total of $14,620 that clear in 3.25 days. Is this a collection or disbursement float? What is the float value? Ints A37-55

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