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The following information is available for Karen Company at December 31, 2021: beginning net accounts receivable $120,000; ending net accounts receivable $180,000; cost of goods

The following information is available for Karen Company at December 31, 2021: beginning net accounts receivable $120,000; ending net accounts receivable $180,000; cost of goods sold $1,900,000; net credit sales $3,000,000. What is the average collection period of Karen for accounts receivable in days? a. 18 days b. 20 days c. 23 days d. 30 days

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