What is the average daily float

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Reference no: EM13812266

In a typical month, the Hampton Corporation receives 80 checks totaling $139000. These are delayed four days on average. What is the average daily float? Assume 30 days in a month.

Reference no: EM13812266

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What is the average daily float : In a typical month, the Hampton Corporation receives 80 checks totaling $139000. These are delayed four days on average. What is the average daily float? Assume 30 days in a month.

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