1)Quick Getaway Ltd has net income of $181,000, a profit margin of 9.50 percent, and an accounts receivable balance of $106,782. Assuming 76 percent of sales are on credit, what is the company's days' sales in receivables?

2)ou are scheduled to receive $34,000 in two years. When you receive it, you will invest it for 7 more years at 7 percent per year. How much will you have in 9 years?