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Suppose the $2025$ financial statements of $3$M Company report credit sales of $$24\mathrm{.}80$ billion. Accounts receivable $($net$)$ are $$3\mathrm{.}90$ billion at the beginning of the year and $$4\mathrm{.}10$ billion at the end of the year.

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Question $3$ of $6>$

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Compute $3$M$\text{'}$s average collection period for accounts receivable in days. $($Round answer to $1$ decimal place, e$.$g$.12\mathrm{.}5.$ Use $365$ days for calculation.$)$

Average collection period days

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