Question: CM Enterprises estimates that it takes, on average, three days for customers' payments to arrive, two days for the payments to be processed and deposited

CM Enterprises estimates that it takes, on average, three days for customers' payments to arrive, two days for the payments to be
processed and deposited by the bookkeeping department, and one more day for the checks to clear once they are deposited.
What is CM's collection float?
days
CM Enterprises estimates that it takes, on average, three days for

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