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A company reports the following information in its statement of financial position on December 31, 2021: 2021 2020 2019 Net Sales P2,500,000 P2,050,000 P1,900,000 Accounts

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A company reports the following information in its statement of financial position on December 31, 2021: 2021 2020 2019 Net Sales P2,500,000 P2,050,000 P1,900,000 Accounts Receivable, Ending Balance 175,000 167,000 165,000 Use number of days in a year as The average collection period on Year 2021 is 360 days. 30 days (rounded) 25 days(rounded) 28 days rounded Cannot be determined

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