Net credit sales are $ 4,000,000 and average gross receivables are $ 250,000. The collection period is Oa 228 days Ob 16 times Oc 228 times, Od 16 days Penny Corporation had profit of 5 200.000 and paid dividends to common shareholders of $50,000 in 2021. The weighted average number of shares issued in 2021 was 50.000 shares Penny Corporation's common shares we selling for $40 per share on the Toronto Stock Exchange Penny Corporation's price camins ratio is 15 times Ot 10 times +33 times od times Although depreciation expense and the carrying amount of property, plant and equipment may be different in one or more periods because of the choice of depreciation methods, in total over the life of the assets, there is no difference. This is called O a difference in assumptions Ob permanent difference melevant differences diming difference Investors will want to assess the probability of receiving a dividend and the growth potential of the share price of the company. a Select one True O False