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A firm has $46,800 in receivables and $209,200 in total assots. The total asset turnover rate is 2.5 and the profit margin is 7.8 percent.

A firm has $46,800 in receivables and $209,200 in total assots. The total asset turnover rate is 2.5 and the profit margin is 7.8 percent. How long on average does it take the firm to collect its receivables? Time to collect receivables = days Attempt #2:0/1 (Score: 0/1) Allowed attempts: 3

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