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Calculate the companys days sales in receivables

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Reference no: EM132916693

Problem 1: Given the following ratios, calculate the sustainable growth rate. Enter percentages as decimals and round to 4 decimals.

Capital Intensity = 1.31
Net profit margin = 8%
Equity multiplier = 1.5
Payout ratio = 10%

Problem 2: A company has net income of 990,500, a net profit margin of 4.35%, and an accounts receivables balance of 1,500,000. Assuming 85% of sales are on credit, calculate the company's days' sales in receivables. Round to 2 decimals.

Reference no: EM132916693

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