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Average Daily Float Assignment

Author:
February 19th, 2020

Hoyes Lumber generally receives three checks per month. A check for $10,640 clears in 3 days, a check for $6,325 clears in 2 days, and a check for $7,590 clears in 3 days. Assuming 30 days in each month, what is the average daily float?

Multiple Choice

О. $22.83 o 32,24467 o $818.50 o 31 ввб вз o 5210о вз. Get Finance homework help today

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