Granger Corporation Had $191,000 in Sales on Account Last Year

Multiple Choice

Granger Corporation had $191,000 in sales on account last year. The beginning accounts receivable balance was $22,000 and the ending accounts receivable balance was $32,000. The corporation's average collection period was closest to: (Round your intermediate calculations to 2 decimal places.)

A) 42.0 days
B) 51.6 days
C) 61.2 days
D) 7.1 days