Question: Marston Corp. writes 48 checks a day for an average amount of $478 each. These checks generally clear the bank 2.75 days after they are

Marston Corp. writes 48 checks a day for an average amount

Marston Corp. writes 48 checks a day for an average amount of $478 each. These checks generally clear the bank 2.75 days after they are written. In addition, the firm generally receives 60 checks with an average amount of $562 each. Deposited amounts are available after an average of 2.25 days. What is the firm's disbursement float? Multiple Choice $75,870 $33720 $33,720 $63,096 $63,096 $22.944 $22,944 $12774

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