(Solution) - The Franzini Food Company has a weekly payroll of 150 000 -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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The Franzini Food Company has a weekly payroll of $150,000 paid on Friday. On average, its employees cash their checks in the following manner:

As treasurer of the company, how would you arrange your payroll account? Are there any problems?