Dick's Automotive Parts Receives an Average of 130 Cheques Per

question 259

Multiple Choice

Dick's Automotive Parts receives an average of 130 cheques per day, totaling $4,800. It normally takes three days for these cheques to be deposited and clear the bank. On a typical day, Dick's
Writes cheques totaling $1,500. These cheques normally clear in five days. What is the amount of
The net float?

• A) -$7,500
• B) -$6,900
• C) $3,450
• D) $13,200
• E) $14,400

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Definitions:

Regio-

A prefix referring to the specific region or orientation of atoms within a molecule, used in chemistry to describe how reagents connect or transform.

Stereochemical

Pertaining to the spatial arrangement of atoms within molecules and the impact of this arrangement on chemical reactivity and physical properties.

Regio-

Prefix indicating the region or position in a molecule where a chemical reaction occurs.

Stereochemical

Pertains to the spatial arrangement of atoms in molecules and the effect of this arrangement on chemical reactions and properties.