Saika Sdn. Bhd., has annual sales of RM8 million, with the term of net 30, and its average collection period is 30 days. If the firm offers the term of 175 net 30, its annual sales is expected to increase by 2 percent. It is also expected that 60 percent of its customers will pay on the 5th day, while the rest will pay on the 30th day, after sale. What would be the average collection period under the new term? A. 16 days O B. 15 days O C. 17 days O D. There will be no value for ACP