
High Brow Express deals strictly with two customers. The payment from Customer A averages $537,400 and has a collection delay of three days. Customer B's average payment is $737,500 and has a one-day delay. What is the weighted average delay assuming every month has 30 days?
A) 1.79 days
B) 1.62 days
C) 2.02 days
D) 2.07 days
E) 1.84 days
Correct Answer:
Verified
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