Question 9 Not yet answered Marked out of 2.50 Lou's Clothing Store had a balance in the Accounts Receivable account of $700,000 at the beginning of the year and a balance of $1,000,000 at the end of the year. Net credit sales during the year were $6,650,000. The average collection period of the receivables was nearest Remove flag Select one: O a. 8 days. b. 47 days. O c. 7 days. d. 15 days. b e. 55 days