Calculating float [LO1] In a typical month, the Murray Corporation receives 80 checks totaling $124,000. These are
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Calculating float [LO1] In a typical month, the Murray Corporation receives 80 checks totaling $124,000. These are delayed four days on average. What is the average daily float? Assume 30 days in a month.
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Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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