Question: Question 9 6.67 points Save Ans A company writes checks with an amount of $3,575 everyday to pay its suppliers. The usual clearing time for

Question 9 6.67 points Save Ans A company writes checks with

Question 9 6.67 points Save Ans A company writes checks with an amount of $3,575 everyday to pay its suppliers. The usual clearing time for the checks is 2 days. Meanwhile, the company is receiving check payments from its customers each day, totaling $4,262. The cash from the payments is available to the firm after 7 days. What is the amount of the firm's average net float? Answer in 0 decimal places

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