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Albany Port Authority Limited has the following information relating to trade receivables and revenue in its financial statements at 31 December 20X5: Revenue 1,670,227 Trade

Albany Port Authority Limited has the following information relating to trade receivables and revenue in its financial statements at 31 December 20X5:

Revenue

1,670,227

Trade receivables

147,371

75% of sales are on credit and the remainder are cash sales.

The trade receivables collection period in days (to one decimal place) is:

Select one:

A.36.3 days

B.48.3 days

C.32.2 days

D.42.9 days

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