Your firm receives 10 checks per month. .24 Of these, 6 are for $1,000 and...
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Your firm receives 10 checks per month. .24 Of these, 6 are for $1,000 and 4 are for $500. The delay for the $1,000 checks is 5 days, and the $500 checks are delayed .6 days. Calculate the average daily float (2 ) $1,533.33 O $1,486.87 O $1,400.00 O $1,530.35 0
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