Walker Clothing Store had a balance in the Accounts Receivable account of $390,000 at the beginning of the year and a balance of $410,000 at the end of the year. Net credit sales during the year...

Extracted text: Walker Clothing Store had a balance in the Accounts Receivable account of $390,000 at the beginning of the year and a balance of $410,000 at the end of the year. Net credit sales during the year amounted to $2.000,000. The average collection period of the receivables in terms of days was a.)73 days. b.)30 days. c.)365 days. d.)146 days.