What are the days sales in receivables

Reference no: EM13272269

A firm has $28,700 in receivables and $165,600 in total assets. The total asset turnover rate is 1.85 and the profit margin is 7 percent. What are the days' sales in receivables?

Answer

10.69 days
34.19 days
52.38 days
90.37 days
117.03 days

Reference no: EM13272269

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