Question: Looking for Avg Daily Float for this... In a typical month, the Warren Corporation receives 80 checks totaling $134,000. These are delayed four days on
Looking for Avg Daily Float for this...
| In a typical month, the Warren Corporation receives 80 checks totaling $134,000. These are delayed four days on average. What is the average daily float? Assume 30 days per month. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Average daily float | $ |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
