1. Calculate the company's days' sales in receivables. ? X H FILE - Sign In DeX ..BE Connect Finance - Excel HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri . 11A A B LU E - A Alignment Number Conditional Format as Cell Formatting Table Styles Font Styles Paste Cells Editing Clipboard A company has net income of $179,000, a profit margin of 8.3 percent, and an accounts receivable balance of $118,370. Assuming 70 percent of sales are on credit, what is the company's days' sales in receivables? $ Net income Profit margin Accounts receivable Percent credit sales Days per year $ 179,000 8.30% 118,370 70% 365 Complete the following analysis. Do not hard code values in your answers. Total sales Credit sales Receivables turnover Days' sales in receivables