Three Waters Co. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Three Waters Co. sells to its customers on credit terms of 3/10, net 30. If a customer bought $150,000 worth of goods and paid the firm cash eight days after the sale, how much cash would Three Waters Co. get from the customer? $120,000 $138,750 $145,500 $150,000 O If the customer paid off the account after 15 days, Three Waters Co. would receive Approximately 30% of Three Waters Co.'s customers take advantage of the discount and pay on the 10th day. The remaining 70% take an average of 35 days to pay off their accounts. What is Three Waters Co.'s days sales outstanding (DSO), or the average collection period? 0 0 27.5 days 33.0 days 24.8 days 28.9 days