Nadal Ltd's Trading Account for the Year Ended 31 December

Multiple Choice

Nadal Ltd's trading account for the year ended 31 December 2024 was as follows:
All sales and purchases were made on credit, and at 31 December 2024, trade receivables were £52,000 and trade payables were £29,000. Which of the following statements is true?

A) On average, debts are collected in 79 days and the average trade payable days is 33 days.
B) On average, debts are collected in 79 days and the average trade payable days is 44 days.
C) On average, debts are collected in 59 days and the average trade payable days is 33 days.
D) On average, debts are collected in 59 days and the average trade payable days is 44 days.