Question: MC algo 19-6 Disbursement Float Marston Corp. writes 38 checks a day for an average amount of $438 each. These checks generally clear the bank

 MC algo 19-6 Disbursement Float Marston Corp. writes 38 checks a

MC algo 19-6 Disbursement Float Marston Corp. writes 38 checks a day for an average amount of $438 each. These checks generally clear the bank 3.75 days after they are written. In addition, the firm generally receives 50 checks with an average amount of $532 each. Deposited amounts are available after an average of 3.25 days What is the firm's disbursement float? Multiple Choice 0 $26,600 O $24,035 0 $86,450 0 $62,415 $16,644

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