Question: Marston Corp. writes 45 checks a day for an average amount of $466 each. These checks generally clear the bank 3.75 days after they are

Marston Corp. writes 45 checks a day for an average amount

Marston Corp. writes 45 checks a day for an average amount of $466 each. These checks generally clear the bank 3.75 days after they are written. In addition, the firm generally receives 57 checks with an average amount of $553 each. Deposited amounts are available after an average of 3.25 days. What is the firm's disbursement float? Multiple Choice $102,443 $23,806 $20,970 $31,521 $78,638

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