Suppose a hospital writes checks of 100000 per day and it


Suppose a hospital writes checks of $100,000 per day and it takes, on average, 7 days for those to be received and clear the banking system. Furthermore, the hospital receives $120,000 in checks daily that take 4 days to be deposited and credited. What is the hospital's float?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Suppose a hospital writes checks of 100000 per day and it
Reference No:- TGS01274671

Expected delivery within 24 Hours