What is venture forths collection float

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Reference no: EM131553730

Venture Forth Enterprises estimates that it takes five days on average for customers' payments to arrive, two days for bookkeepers to process and deposit the payments, and three more days for the checks to clear after being deposited. What is Venture Forth's collection float?

A. 8 days

B. 10 days

C. 7 days

D. 5 days

Reference no: EM131553730

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