Use the information below to answer this question.\(\begin{array}{c|c} \text{Stock} & 11,250 \\ \hline \text{Debtors} & 18,750 \\\hline\text{Creditors} & 3,750 \\\hline\text{Bank} & 4,000 \\\hline\text{Net profit} & 7,500 \\ \hline\text{Net} & 60,000 \\\end{array}\)Determine the debtors collection period

Use the information below to answer this question. \(\begin{array}{c|c} \text{Stock} & 11,250 \\ \hline \text{Debtors} & 18,750 \\ \hline \text{Creditors} & 3,750 \\ \hline \text{Bank} & 4,000 \\ \hline \text{Net profit} & 7,500 \\ \hline \text{Net} & 60,000 \\ \end{array}\) Determine the debtors collection period

Use the information below to answer this question.

\(\begin{array}{c|c}

\text{Stock} & 11,250 \\

\hline

\text{Debtors} & 18,750 \\

\hline

\text{Creditors} & 3,750 \\

\hline

\text{Bank} & 4,000 \\

\hline

\text{Net profit} & 7,500 \\

\hline

\text{Net} & 60,000 \\

\end{array}\)

Determine the debtors collection period

The correct answer is A. 114 days

No explanation given