Saved Help Save & Exit Submit On a typical day, a company writes 48 checks...
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Finance
Saved Help Save & Exit Submit On a typical day, a company writes 48 checks worth a total of $8.925 that clear in 3 days. The company also collects 60 checks worth a total of $9,940 that clear in 2.5 days. Is this a collection or disbursement foat? What is the amount of the float? Multiple Choice 54.05 A collection float of $2.082 A collection float of $1,925 A disbursement float of $1925 A disbursement float of $1015 A colection float of $1,015 Next

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