What is the company days sales in receivables

Reference no: EM131965460

Qusetion: Days' Sales in Receivables A company has net income of $186,000, a profit margin of 7.9 percent, and an accounts receivable balance of $123, 840. Assuming 70 percent of sales arc on credit, what is the company's days' sales in receivables?

Reference no: EM131965460

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