Dick's Automotive Parts receives an average of 130 cheques per day, totaling $4,800. It normally takes three days for these cheques to be deposited and clear the bank. On a typical day, Dick's writes cheques totaling $1,500. These cheques normally clear in five days. What is the amount of the net float?

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The Answer of Dick's Automotive Parts receives an average of 130 cheques per day, totaling $4,800. It normally takes three days for these cheques to be deposited and clear the bank. On a typical day, Dick's writes cheques totaling $1,500. These cheques normally clear in five days. What is the amount of the net float?

Dick's Automotive Parts Receives an Average of 130 Cheques Per