The industry average receivables collection period:
a. Increased from 20X1 to 20X2.
b. Decreased from 20X1 to 20X2.
c. Did not change from 20X1 to 20X2.
d. Increased along with the increase in the industry accounts receivableturnover.

20X1 20X2 Credit Sales Average Receivables Balance $1.0 million $1.2 million $0.8 million $0.1 million $5.0 million Credit Sales Average Receivables Balance $1.2 million $1.5 million $1.0 million $0.2 mllion $5.4 million Company 5.0 milion 3.0 million s 2.5 million 0.5 miion 6.0 million S 4.0 million 3.0 million 0.6 mllion $28.0 million Industry $%25.0 million