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Each business day, on average, a company writes checks totaling $800 to pay its suppliers. The...

Each business day, on average, a company writes checks totaling $800 to pay its suppliers. The usual clearing time for the checks is 4 days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $960. The cash from the payments is available to the firm after 1 day. Calculate the company's disbursement float, collection float, and net float.

Disbursement float: $ ____________.

Collection float: $ ____________,

Net float: $ ____________.

If the collected funds were available in two days instead of one, calculate the company's net float.

Net float: $ ____________.

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