Barry Allen's Sport Performance Center reported: $$400M$ in Total Assets; $$50$ M in Accounts Receivable, net; $$100M$ in Inventory, net; and $$100M$ in Net Sales $($Revenue$).$ What is the company's average collection period $([$accounts receivable $365$ net sales$)?$ Its credit terms are $30$ days. How should the company respond?

Select one:

A$.$ The average collection period is $182\mathrm{.}5$ days. The company should collect more accounts receivable.

B$.$ The average fcollection period is $50$ days. The company should take no corrective action.

C$.$ The average collection period is $182\mathrm{.}5$ days. The company should collect fewer accounts receivable.

D$.$ The average collection period is $25$ days. The company should collect more accounts receivable.

E$.$ The average collection period is $25$ days. The company should take no corrective action.