Northwest Hospital has annual net patient service revenues of $12,000,000. It has two major thirdparty payers, plus some of its patients are self-payers. The hospital's patient accounts manager estimates that 20 percent of the hospital's paying patients (its self-payers) pay on day 30,60 percent pay on day 60 (payer A), and 20 percent pay on day 90 (payer B). What is Northwest's average collection period? (Assume 360 days per year throughout this problem.) 66 days 26 days 54 days 60 days Refer to question 21. What is the firm's current receivables balance? $1,999,999.8$5,555,555.5$2,640,000$3,640,000