Disbursement float= $9,585 * 3.5 = $33,548
Collection float = $10,740 * 3 = $32,220.
Disbursement float is greater than collection float.
$33,548 - $32,220 = $1,328
So, it is disbursement float.
A disbursement float of $1,328.
NOTE : Post the rest of the questions separately.
THANK you...
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