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The following information is available for ABC Company at December 31: ABC Company 35,000 7,000 1,000 12,000 72,000 800 Cash Average Accounts Receivable Average Bad
The following information is available for ABC Company at December 31: ABC Company 35,000 7,000 1,000 12,000 72,000 800 Cash Average Accounts Receivable Average Bad Debt Allowance Average Inventory Sales Revenue on Account Bad Debt Expense What is the average number of days to collect receivables for ABC Company? Round your answer to the nearest whole day. O 41 or 42 (depending on rounding) O 30-31 (depending on rounding) O 52-53 (depending on rounding) O 35-37 (depending on rounding)
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