JKL Tools Receives an Average of $3,300 a Day in Cheques

question 13

Multiple Choice

JKL Tools receives an average of $3,300 a day in cheques. The delay in processing averages 4 days. The current interest rate is .02% per day. What is the highest daily fee JKL should pay to
Eliminate the float entirely?

• A) $.66
• B) $1.32
• C) $1.56
• D) $2.33
• E) $2.64

Understand the significance of using parallel structure and avoiding redundancy in writing.

Identify the appropriate usage of jargon, slang, and cliches in business communication.

Demonstrate knowledge of the role of typography in business document design.

Appreciate the importance of white space in designing readable business documents.

---

Definitions:

Prenuptial Agreement

A contract formed between two persons who are contemplating marriage to provide for the division of their property in the event of divorce or death.

Contemplation Of Marriage

A state or period in which individuals consider and plan towards entering into matrimony, often involving pre-nuptial agreements or arrangements.

Compensatory Damages

Money awarded to a plaintiff to reimburse actual losses, expenses, or harm suffered due to the defendant's actions.

Petition For Divorce

The document filed with the court to initiate divorce proceedings. The requirements governing the form and content of a divorce petition vary from state to state.