Business
Business, 02.09.2021 09:50, Jakeandjenn21

A company has net income of $188,000, a profit margin of 7.1 percent, and an accounts receivable balance of $127,370. Assuming 70 percent of sales are on credit, what is the company’s days’ sales in receivables?

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A company has net income of $188,000, a profit margin of 7.1 percent, and an accounts receivable bal...

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