Consider the case of Newtown Co.: Newtown Co. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Newtown Co. sells to its customers on credit terms of 2/10, net 30. If a customer bought $200,000 worth of goods and paid the firm cash eight days after the sale, how much cash would Newtown Co. get from the customer? $175,000 $165,000 $196,000 $200,000 O If the customer paid off the account after 15 days, Newtown Co. would receive Approximately 25% of Newtown Co.'s customers take advantage of the discount and pay on the 10th day. The remaining 75% take an average of 35 days to pay off their accounts. What is Newtown Co.'s days sales outstanding (DSO), or the average collection period? 23.0 days O 31.7 days 28.8 days O 30.2 days