c$.$ Would you say that the three companies exhibit similar performance or quite different performance in terms of collecting receivables?

Why do you think that might be$?($Select the best answer below.$)$

A$.$ Yes, all three firms collect on sales in about $30$ days, with the differences in average collection periods between the

shortest $($P&G$)$ and longest $($Colgate$)$ collection periods only a few days. The most likely explanation is that companies

compete with each other, selling similar products to most of the same customers, so probably offer similar credit terms.

B$.$ No$,$ all three firms collect on sales in about $90$ days, with the differences in average collection periods between the

shortest $($P&G$)$ and longest $($Colgate$)$ collection periods only seven days. The most likely explanation is that companies

compete with each other, selling similar products to most of the same customers, so probably offer similar credit terms.

C$.$ Yes, all three firms collect on sales in about $30$ days, with the differences in average collection periods between the

shortest $(P$&$G$ and longest $($Colgate$)$ collection periods more than thirty days. The most likely explanation is that companies

compete with each other, by selling different products to most of the same customers.

D$.$ It is not possible to determine based on the information given.