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A firm has net income of 325,000, profit margin of 9.3%, accounts receivables of 175,000 and a percentage of sales on credit of 80 percent.
A firm has net income of 325,000, profit margin of 9.3%, accounts receivables of 175,000 and a percentage of sales on credit of 80 percent. What is the firms days salesinreceivables?
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
