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By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details 1. Net Credit Sales = $ 450,000 2. Account

By the year Ending 12/31/2019, ABC Corporation's Balance Sheet & Income Statements show the following details 1. Net Credit Sales = $ 450,000 2. Account Receivable = $ 50,000 This means on Avg the Collection Period (ACP) is about =

a. 50 days

b. 30 days

c. 45 Days

d. 28 days

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