Business, 07.01.2021 21:50 WhatTheFangirl2927

A company has net income of $184,000, a profit margin of 8.5 percent, and an accounts receivable balance of $123,370. Assuming 60 percent of sales are on credit, what is the company’s days’ sales in receivables?

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A company has net income of $184,000, a profit margin of 8.5 percent, and an accounts receivable bal...