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*All answers must be entered as a FORMULA PLEASE* A company has net income of $186,000, a profit margin of 7.9 percent, and an accounts

*All answers must be entered as a FORMULA PLEASE*

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A company has net income of $186,000, a profit margin of 7.9 percent, and an accounts receivable balance of $123,840. Assuming 70 percent of sales are on credit, what is the company's days' sales in receivables? Net income Profit margin Accounts receivable Percent credit sales Days per year $ 186,000 7.90% 123,840 70% 365 Complete the following analysis. Do not hard code values in your calculations. Total sales Credit sales Receivables turnover Days' sales in receivables

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