Question: 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

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 S10,267 SS5695 565 962 Silver Eyes, Inc., has an average collection period of 2375 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 S7261.57895 58 44036447 S961875000 6.91578947 56224,21053
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