Question: Madison Corner writes 36 checks a day for an average amount of $521 each. These checks generally clear the bank 275 days after they are

 Madison Corner writes 36 checks a day for an average amount
of $521 each. These checks generally clear the bank 275 days after
they are written. In addition, the firm generally receives 73 checks with
an average amount of $598 each. Deposited amounts are available after an

Madison Corner writes 36 checks a day for an average amount of $521 each. These checks generally clear the bank 275 days after they are written. In addition, the firm generally receives 73 checks with an average amount of $598 each. Deposited amounts are available after an average of 2 25 days. What is the amount of the firm's collection float? Multiple Choice Marston Corp. writes 47 checks a day for an average amount of $474 each. These checks generally clear the bank 25 days after they are written. In addition, the firm generally receives 59 checks with an average amount of $559 each. Deposited amounts are available after an average of 2 days. What is the firm's disbursement float? Multiple Choice 522,278 510267 569 2 532981 Silver Eyes, Inc., has an average collection period of 23.75 days and its average daily accounts receivable is $405,000. What are the company's annual credit sales assuming 365 days per year? Multiple Choice 5726157895 S8 44036447 S96875000 56,51578947 5622421053 On a typical day, a company writes 67 checks worth a total of $10.440 that clear in 275 days. The company also collects 80 checks worth a total of $.560 that clear in 225 days Is this a collection or disbursement toatWhat is the float value? Multiple Choice Accenfeat of $4120 C) A collection that of 54.207 o o o O A bre en tout of 4000 o Ab erto 14,320 o o Acceso

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