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The firm also receives checks in the amount of 35000 per

Jumpdisk Company writes checks averaging $32,000 a day and it takes five days for these checks to clear. The firm also receives checks in the amount of $35,000 per day, but the firm loses four days while its receipts are being deposited and cleared. What is the firm's net float in dollars?

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Finance Basics: The firm also receives checks in the amount of 35000 per

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Finance Basics: The firm also receives checks in the amount of 35000 per

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