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Business, 04.07.2020 14:01 elizabethivy75

A company 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?

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A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable bal...
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