non of the above 2. if term of sale is 3/10 net 60 and 40% of customer take discount then the new average collection period will be * (2 points) 40 day 41 day 42 day 43 day non of the above 3. stock dividends is not a true dividends because it is not paid cash * (2 Points) true beg. 5000 6. Item End. Inventory 7000 Account receivable 2400 Account payable 4800 1600 2700 The credit sales 60000 and cost of good sold 40000 The account receivable period is?: * (2 points) 12 times 12 days 13 times 13 days non of the above