The industry average receivables collection period:
a. Increased from 20X1 to 20X2.
b. Decreased from 20X1 to 20X2.
c. Did not change from 20X1 to 20X2.
d. Increased along with the increase in the industry accounts receivableturnover.

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20X1 20X2 Credit Sales Average Receivables Balance $1.0 million $1.2 million $0.8 million $0.1 million $5.0 million Credit Sales Average Receivables Balance $1.2 million $1.5 million $1.0 million $0.2 mllion $5.4 million Company 5.0 milion 3.0 million s 2.5 million 0.5 miion 6.0 million S 4.0 million 3.0 million 0.6 mllion $28.0 million Industry $%25.0 million