If Cactus, Inc. has annual sales of $83,000, average accounts payable of $30,000, and average accounts receivable of $25,000, Cactus's receivables turnover and average collection period are closest...

Extracted text: If Cactus, Inc. has annual sales of $83,000, average accounts payable of $30,000, and average accounts receivable of $25,000, Cactus's receivables turnover and average collection period are closest to: Receivables turnover Average collection period O 4.0 times, 91 days O 3.5 times, 120 days O 2.1 times, 174 days O 3.3 times, 110 days