On Any Given Day,Althea's Receives and Deposits Numerous Checks Worth

question 21

Multiple Choice

On any given day,Althea's receives and deposits numerous checks worth an average combined total of $4,328.The funds from these checks are generally available in 1.2 days.Every day the firm mails out checks totaling $3,010 that generally take 2.5 days to clear the bank.What is the amount of the disbursement float if the opening bank balance was $828 with no outstanding items?

• A)$6,828
• B)$5,169
• C)$5,194
• D)$7,525
• E)$7,778

---

Definitions:

New World Plantations

Large agricultural estates in the Americas that relied heavily on the labor of enslaved Africans to cultivate crops like sugar, tobacco, and cotton.

West African Slavery

Refers to the historical practice of slave trade and ownership in West Africa, both within African societies and through the transatlantic slave trade to the Americas.

Muslim World

A term generally used to describe regions of the world where Islam is the predominant religion, encompassing a diverse range of cultures, languages, and nations.

Permanent Status

A condition or situation that is intended to last indefinitely without change.