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6) Maggie Corp. reported sales for 2017 of $600,000 of which one-half was on credit. The balance of accounts receivable was $40,000 at December 31,

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6) Maggie Corp. reported sales for 2017 of $600,000 of which one-half was on credit. The balance of accounts receivable was $40,000 at December 31, 2016 and $60,000 at December 31,2017. The average collection period for Maggie Corp. for 2017 was: a. 30.4 days b. 36.5 days c. 60.8 days d. 73.0 days nover rau NE 600.0o0

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