How a company handles is credit accounts, including methods of invoking and collecting past-due accounts, is indicated by the company's Consider the case of Three Waters Co. Three Waters Co. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Three Water Co sells to its customers on credit terms of 3/10, 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 Three Waters Co. get from the customer? $185.000 O $210.000 O $160,000 $194.000 1f the customer paid off the account after 15 days. Three Waters Co. would receive Approximately 35% of Three Water Cois customers take advantage of the discount and pay on the 10th day. The remaining 634 take an average of 35 days to pay off their accounts. What is Three Waters Cais days sales outstanding (080), or the average collection period 32.31 days 27.55 days 31.50 days