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A company has net income of $187,000, a profit margin of 10.10 percent, and an accounts receivable balance of $106,468. Assuming 68 percent of sales
A company has net income of $187,000, a profit margin of 10.10 percent, and an accounts receivable balance of $106,468. Assuming 68 percent of sales are on credit, what is the company's days' sales in receivables? Multiple Choice 32.41 days 20.99 days O 40.97 days O 30.87 days O 9.88 days
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