In a typical month, the Knight Corporation receives 80 cheques for $1,550 each, totalling $124,000. These are

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In a typical month, the Knight Corporation receives 80 cheques for $1,550 each, totalling $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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In a typical month, the Knight Corporation receives 80 cheques for $1,550 each, totalling $124,000. These are

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