Business
Business, 08.07.2019 11:20, faithlopez209

Acompany has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. assuming 60 percent of sales are on credit, what is the company's days' sales in receivables? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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Acompany has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable bala...

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