Which of the following alternatives represents the correct trade payables payment period of Njengabo Limited for year 2022? O a. 73.40 O b. 38.66 O c. 38.50 O d. 75.84 O e. 38.00 The information below relates to questions 1-3: Njengabo Limited is company in the coal export business and the following information was extracted from the financial records of this listed company at 28 February 2022, the end of the financial year. Other financial liabilities Other financial assets Inventory Trade payables Trade receivables 2022 R 2021 R 178 800 181 200 154 500 125 400 89 500 22 600 37 000 28 700 64 500 47 800 Additional information: 1. Purchases for the year amounted to R310 000 and 51% thereof were on credit. 2. Ratios reported in year ended 28 February 2021: Trade receivables collection period - 66.9 days Trade payables payment period- 64.9 days . Inventory turnover rate - 6 times 3. Only 40% of the total sales were cash sales