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Business, 15.08.2020 22:01 poppyme

Billings Inc. has net income of $161,000, a profit margin of 7.6 percent, and an accounts receivable balance of $127,100. Assume that 66 percent of sales are on credit. What is the days' sales in receivables?

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Billings Inc. has net income of $161,000, a profit margin of 7.6 percent, and an accounts receivable...

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