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19. Days' Sales in Receivables (LO2] A company has net income of $186,000, a profit margin of 7.9 percent, and an accounts receivable balance of

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19. Days' Sales in Receivables (LO2] A company has net income of $186,000, a profit margin of 7.9 percent, and an accounts receivable balance of $123,840. Assuming 70 percent of sales are on credit, what is the company's days' sales in receivables

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