In a typical month, a company receives 39 checks totaling $168,000.The payment on these checks is normally delayed by an average of 2.7 days.What is the average daily float? Assume 30 days in a month.
A)$14,500
B)$15,333
C)$15,120
D)$16,217
E)$14,667

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The Answer of In a typical month, a company receives 39 checks totaling $168,000.The payment on these checks is normally delayed by an average of 2.7 days.What is the average daily float? Assume 30 days in a month.
A)$14,500
B)$15,333
C)$15,120
D)$16,217
E)$14,667

In a Typical Month, a Company Receives 39 Checks Totaling