Aziz Ltd Made Sales of £2 344000 in the 20X1

Multiple Choice

Aziz Ltd made sales of £2 344000 in the 20X1 financial year, of which 42% were on credit. The average debtor's figure over that period was £1 455 630. What was the debtor's collection period in months (to one decimal place) ?

A) 0.91 months
B) 1.78 months
C) 1.58 months
D) 0.42 months