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$15,000

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11y ago
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1d ago

The average daily float can be calculated by dividing the total float by the number of days delayed. In this case, the total float is $135,000 and the delay is 5 days, so the average daily float would be $27,000 ($135,000 / 5).

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Q: In a typical month a corporation receives 90 checks totaling 135000 these are delayed five days on average what is the average daily float?
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