A company has net income of $183,000, a profit margin of 9.30 percent, and an accounts receivable balance of $106,924. Assuming 72 percent of sales are on credit, what is the company's days' sales in receivables?

Multiple Choice

• 19.83 days

• 7.71 days

• 36.85 days

• 27.55 days

• 28.92 days