On Any Given Day,Athens Florist Receives Numerous Checks Worth an Average

question 72

Multiple Choice

On any given day,Athens Florist receives numerous checks worth an average combined total of $6,300.The funds from the deposited checks are generally available in 1.5 days.Every day the firm mails out checks totaling $4,600 that generally take 2 days to clear the bank.What is the amount of the disbursement float?

• A)$150
• B)$6,900
• C)$9,150
• D)$9,200
• E)$9,850

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Definitions:

Negatively Affect

To have a harmful or detrimental impact on someone or something, decreasing its quality or performance.

Avoidance

A defensive or strategic behavior aimed at circumventing or keeping away from certain situations, tasks, or interactions.

Suppress

means to put an end to the activities or expressions of something, often by force or inhibition.

Pretend

Act of simulation or feigning; behaving as if something is the case when in fact it is not.