Canvas X 5 pts Question 6 Piedmont Industries sells on terms of 2/10 net 30. Total sales for the year are $1 million. Thirty percent of customers pay on the 10th day and take discounts; the other 70% pay, on average, 50 days after their purchases. What is the days sales outstanding? 45 38 27 Question 7 7 pts Piedmont Industries sells on terms of 2/10 net 30. Total sales for the year are $1.5 million. Thirty percent of customers pay on the 10th day and take discounts: the other 709 pay, on average, 60 days after their purchases What would happen to avere receivables ir Piedmont toughened its collection policy with the result that all non-discount customers paid on the 40th day