8 The Manana Corporation had annual sales of $60 million that occurred evenly throughout the 365 days of the year. Its accounts receivable balance averaged $2 million. How long, on average, does it...

Please show all equations and work as needed. If possible, please type the work so that it may be copied and pasted. Thank you.

Extracted text: 8 The Manana Corporation had annual sales of $60 million that occurred evenly throughout the 365 days of the year. Its accounts receivable balance averaged $2 million. How long, on average, does it take the firm to collect on its sales? 12.2 days 19.1 days 15.8 days 25.2 days