What is the number of day's sales in account receivable for 2020 (assume 365 days per year)? 10.1 days 43.8 days 39.5 days 36.5 days QUESTION 8 Ignore your answer to the question above, if ABC company sells on net 30 credit terms, and its current days sales in accounts receivable is 46 days, which of the following statements is true? ABC's customers are in general, paying their bills according to the credit terms. The company is doing a better than average job of collecting its accounts receivable on time. There is no correlation between a company's credit terms and the number of days sales in receivables. O There is probably room for improvement in the company's ability to collect its accounts receivable on time.