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A company has net income of $183,000, a profit margin of 9.30 percent, and an accounts receivable balance of $106,379. Assuming 79 percent of sales

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A company has net income of $183,000, a profit margin of 9.30 percent, and an accounts receivable balance of $106,379. Assuming 79 percent of sales are on credit, what is the company's days' sales in receivables? Multiple Choice 26.23 days 34.28 days 5.25 days

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