What is the company days sales in receivables

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Reference no: EM131054580

A company has net income of $185,000, a profit margin of 8.4 percent, and an accounts receivable balance of $124,370. Assuming 70 percent of sales are on credit, what is the company’s days’ sales in receivables?

Days' sales in receivables? _____ Days

Reference no: EM131054580

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