Solution-What is the company days sales in receivables

What is the company days sales in receivables

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Question - A company has Net Income of $314,000, a profit margin of 8.9 percent and an accounts receivable balance of $152,800. Assuming 80 percent of sales are on credit, what is the company's days sales in receivables?

Reference no: EM133124948

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What is the company days sales in receivables : An accounts receivable balance of $152,800. Assuming 80 percent of sales are on credit, what is the company's days sales in receivables

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What is the company days sales in receivables

Reference no: EM133124948

Reference no: EM133124948

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