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A company has a net income of $161,000, a profit margin of 7.6%, and an accounts receivable balance of $125,100. Assume that 66% of sales
A company has a net income of $161,000, a profit margin of 7.6%, and an accounts receivable balance of $125,100. Assume that 66% of sales are on credit. What is the days sales in receivable?
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