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A company has net income of $188,000, a profit margin of 10.00 percent, and an accounts receivable balance of $106,557. Assuming 77 percent of sales

A company has net income of $188,000, a profit margin of 10.00 percent, and an accounts receivable balance of $106,557. Assuming 77 percent of sales are on credit, what is the company's days' sales in receivables?

please explain...

26.87 days

6.18 days

36.87 days

20.69 days

28.21 days

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