A net 30 term accounts for a sale of Rs 10,00,000. There are 30% of the customers who do not make payments within time. Find out the average collection period and the average size of receivables. Will...

A net 30 term accounts for a sale of Rs 10,00,000. There are 30% of the customers who do not make payments within time. Find out the average collection period and the average size of receivables. Will there be change in the average size of the receivables if the credit term is 2/10 net 30 and 70% of the customers avail of the discount?