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Pina Discount Retail Company had a balance in the Accounts Receivable account of $710000 at the beginning of the year and a balance of

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Pina Discount Retail Company had a balance in the Accounts Receivable account of $710000 at the beginning of the year and a balance of $790000 at the end of the year. Net credit sales during the year amounted to $6750000. The average collection period of the accounts receivable in terms of days was O 42.9 days. O 40.6 days. O 81.1 days. 30.0 days.

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