Multiple Choice
On an average day, Cory, Inc. writes 30 checks with an average amount of $215. These checks clear the bank in an average of 3 days. What is the average amount of the disbursement float for Cory, Inc.?
A) $645
B) $5,805
C) $6,450
D) $19,350
E) $29,025
Correct Answer:
Verified
Correct Answer:
Verified
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