Swifty Clothing Store had a balance in the Accounts Receivable account of $764000 at the beginning of the year and a balance of $812000 at the end of the year. Net credit sales during the year amounted to $7190500. The average collection period of the accounts receivable in terms of days was

29.4 days.

80.0 days.

41.0 days.

40.0 days.

Question 28 Swifty Clothing Store had a balance in the Accounts Receivable account of 5764000 at the beginning of the year and a balance of 5812000 at the end of the year. Net credit sales during the year amounted to $7190500. The average collection period of the accounts receivable in terms of days was 29.4 days. 80.0 days. 41.0 days 40.0 days. Question 32 Company Bramble sells $2500 of merchandise on account to Company Blossom with credit terms of 1/10, n/30. If Company Blossom remits a check taking advantage of the discount offered, what is the amount of Company Blossom's check? O $2410 $2320 $2475 O $2230