On an average day, a company writes 50 checks worth a total of $7,975 that...
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On an average day, a company writes 50 checks worth a total of $7,975 that clear in 3.5 days. The company also collects 62 checks worth a total of $10,040 that clear in 3 days. What is the company's average collection float? Multiple Choice O $27,913 $18,015 $7,975 $10,040 $30,120
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