Your firm generally receives 3 cheques a month. A month is defined as a 30-day period. 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? 
A) $1,333.33
B) $1,736.67
C) $2,188.89
D) $5,133.33
E) $6,673.33
Correct Answer:
Verified
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