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Chapter 27 HW Question 1 (of 2) value 50.00 points Your neighbor goes to the...

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Chapter 27 HW Question 1 (of 2) value 50.00 points Your neighbor goes to the post office once a month and picks up two checks, one for $13,000 and one for $4,000. The larger check takes five days to clear after it is deposited; the smaller one takes four days. Assume 30 days in a month. a. What is the total float for the month? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g.32) Total foa 2 decimal places, e.g., 32.16.) Average daily float answer to 2 decimal places, e.g., 32.16.) Average daily receipts answer to 2 decimal places, e.g., 32.16.) Weighted average delay b. What is the average daily float? (Do not round intermediate calculations and round your answer to 1 what are the average daly receipts? Do not round intermediate calculations and round your c-2. What is the weighted average delay? (Do not round intermediate calculations and round your Hints References eBook & Resources Hint#1

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