27. The following information is taken from the financial statements of Apple Inc. 09/24/2011 $108,249 64,431 5,369 09/25/2010 $65,225 39,541 5,510 Net Sales Cost of sales Accounts Receivable Assuming all sales are on credit, compute the Average Collection Period of Apple, Inc. for the year ending on September 24, 2011. A. 22.90 days B. 19.90 days C. 18.34 days D. 30.83 days

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