Your firm generally receives 5 checks a month. The check amounts and the collection delay for each check is shown below. Given this information what is the amount of the average daily float?
Assume a 30 day month. 
A) $1,788.24
B) $2,523.33
C) $3,716.67
D) $6,080.00
E) $8,941.18
Correct Answer:
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