Question: Can you help me solve this general accounting question using valid accounting techniques? A manufacturing company had an accounts receivable balance of $320,000 at the

Can you help me solve this general accounting question using valid accounting techniques?

A manufacturing company had an accounts receivable balance of $320,000 at the beginning of the year and $400,000 at the end of the year. The total credit sales during the year were $2,880,000. What was the average collection period in days (round to the nearest number of days)? A. 38 days B. 42 days C. 46 days D. 49 days

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