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7. A firm has $61,300 in receivables and $391,400 in total assets. The firm has a total asset turnover rate of 1.4 and a

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7. A firm has $61,300 in receivables and $391,400 in total assets. The firm has a total asset turnover rate of 1.4 and a profit margin of 6.3 percent. What is the days' sales in receivables? (2 Points) 43.40 days 40.83 days * 40.23 days 43.67 days

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