ABC company has $ 750 million in accounts receivables. Its annual sales are $6000 million. The industry average for Days Sales outstanding is 32 days.

Select one:

a. The days sales outstanding is about 46 days. This is better than the industry average.

b. The days sales outstanding is about 25 days. This is worse than the industry average.

c. The days sales outstanding is about 46 days. This is worse than the industry average.

d. ABC company has less accounts receivables relative to its sales than the average firm in this industry.

ABC company has $750 million in accounts receivables. Its annual sales are $6000 million. The industry average for Days Sales outstanding is 32 days. Select one: a. The days sales outstanding is about 46 days. This is better than the industry average. b. The days sales outstanding is about 25 days. This is worse than the industry average. c. The days sales outstanding is about 46 days. This is worse than the industry average. d. ABC company has less accounts receivables relative to its sales than the average firm in this industry