Question: Madison Comer writes 33 checks a day for an average amount of $509 each. These checks generally clear the bank 3.75 days after they are

Madison Comer writes 33 checks a day for an average amount

Madison Comer writes 33 checks a day for an average amount of $509 each. These checks generally clear the bank 3.75 days after they are written. In addition, the firm generally receives 70 checks with an average amount of $580 each. Deposited amounts are available after an average of 3.25 days. What is the amount of the firm's collection float? Multiple Choice 5131960

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