Question: Marston Corp, writes 32 checks a day for an average amount of $414 each. These checks generally clear the bank 2.25 days after they are
Marston Corp, writes 32 checks a day for an average amount of $414 each. These checks generally clear the bank 2.25 days after they are written. In addition, the firm generally receives 44 checks with an average amount of $514 each. Deposited amounts are available after an average of 1.75 days. What is the firm's disbursement float? Multiple Choice 539,578 420808 5970 $22.616 $13.248
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