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ANSWER IN BOLD 5 6 A company has net income of $187,000, a profit margin of 9.80 percent, and an accounts receivable balance of $106,694.
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A company has net income of $187,000, a profit margin of 9.80 percent, and an accounts receivable balance of $106,694. Assuming 71 percent of sales are on credit, what is the company's days' sales in receivables? Kountry Kitchen has a cost of equity of 11.4 percent, a pretax cost of debt of 6 percent, and the tax rate is 21 percent. If the company's WACC is 8.83 percent, what is its debt-equity ratio
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