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pls solve Tripod Company makes all sales on account. During the current year, Tripod has an average accounts receivable balance of $40,000, an average inventory

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Tripod Company makes all sales on account. During the current year, Tripod has an average accounts receivable balance of $40,000, an average inventory balance of $96,000, cost of goods sold of $345,000, and net income of $117,000. If Tripod's gross margin percentage is 42.5%, what was its average collection period? Round to one decimal point. 18.3 days 24.3 days 30.4 days 36.5 days None of the above

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