Problem 19.04 – Float and Weighted Average Delay

Fundamentals of Corporate Finance

Ross, Westerfield, and Jordan

13th Edition

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Given both check amounts and both clearing times... find out the total float, average daily float, average daily receipts, and weighted average delay.

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  • Search Terms: $, $,. (do - . ..) [lo] a a. after and answer are assume average b. c-. calculations calculations.) check checks, clear daily days days. days. assume decimal delay delay? deposited; e.g., float float? float? c. for four goes in intermediate is is deposited; it larger larger check month month. month. a. month? month? b. neighbor neighbor goes not office once one picks places, post receipts receipts? round smaller takes the three to total two two checks, up weighted weighted average what your
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