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Calculate average day's collection. Current assets $16,000 Accounts receivable 6,000 Current liabilities 22,000 Inventory 4,500 Net sales 50,000 Total assets 40,000 Net income 12,500 A.

Calculate average day's collection.

Current assets $16,000
Accounts receivable 6,000
Current liabilities 22,000
Inventory 4,500
Net sales 50,000
Total assets 40,000
Net income 12,500

A. 72 days

B. 52 days

C. 43 days

D. 25 days

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