Delta PDA Distributors has an investment in accounts receivable of $2,750,000. Daily credit sales are $118,280. If 30% of Delta's credit customers receive a discount by paying within 10 days, what is the net period that Delta maintains?

a.10 days.

b.23 days.

c.38 days.

d.45 days.

e. There is not enough information to tell.

Surprisingly, the correct answer is e: not enough information.

Please tell me why