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CM Enterprises Estimates That It Takes, on Average, Seven Days

question 77

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CM Enterprises estimates that it takes, on average, seven days for their customers' payments to reach them, one day for the payments to be processed and deposited by their bookkeeping department, and three more days for the check to clear once they're deposited. What is their collection float?

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Label Control

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Text Color

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A mode in database applications that allows users to create, design, and modify the layout and functionality of forms used for entering, viewing, and editing data.

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