Acme Co. is forecasting sales of between 50-60 thousand cat litter boxes in the next year, at an average wholesale price of $20 per unit. They will offer credit terms of 2/10, net 50.

Historically, about 60% of Acme's customers take the discount. If the customers are rational and don't typically pay late, was is your estimate for Acme's average collection period?

• A.10 days
• B.23 days
• C.26 days
• D.34 days
• E.Impossible to estimate based on information provided.