Jumpdisk Company writes checks averaging $15,000 a day, and it takes 5 days for these checks to clear. The firm also receives checks in the amount of $17,000 per day, but the firm loses three days while its receipts are being deposited and cleared. The firm's net float in dollars is:?
A. ?$126,000.
B. ?$75,000.
C. ?$32,000.
D. ?$24,000.
E. ?$16,000.
Answer: D
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