Solution-Days sales in receivables a company has net

Days sales in receivables a company has net income of

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Days' Sales in Receivables a company has net income of $195,000, a profit margin of 9.40 percent, and an accounts receivable balance of $106,851. Assuming 75 percent of sales are on credit, what are the company's days' sales in receivables?

Reference no: EM13566372

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Days sales in receivables a company has net income of

Reference no: EM13566372

Reference no: EM13566372

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