Your firm generally receives 4 cheques a month. The cheque amounts and the collection delay for each cheque are shown below. Given this information, what is the amount of the average daily
float? Assume that a month has 30 days. 
A) $4,160
B) $7,800
C) $11,345
D) $22,600
E) $31,200
Correct Answer:
Verified
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