Time left 0:55:12 Question 10 Not yet answered Marked out of 1.00 Emily Ltd had the following ratios at 31 December 2020 and 31 December 2021: 2021 25% 2020 Gross profit margin 28% Trade payable days 44 days 40 days Flag question Trade receivable days 30 days 35 days Which ONE of the following statements is TRUE? O a. The gross profit margin made by E Ltd has increased from 2020 to 2021 O b. The average length of time between goods being purchased and E Ltd paying for those goods, is 75 days in 2020. O c. E Ltd is collecting in its debts from customers more quickly in 2021 than in 2020. Od. E Ltd is paying its trade payables 4 days more quickly in 2021 than in 2020.