Part I. A partially completed income statement for Tedros Inc appears below. Income Statement Revenue/Sales $5 000 000 Cost of goods sold (4 500 000) Gross profit 500 000 Operating expenses (130 000) Operating profit 370 000 Interest expense (80 000) Profit before tax 290 000 Tax (30%) Not given Net profit Not given The net profit margin for Tedros is : % ii, Tan and Ray Ltd has $712,500 in accounts receivable and $4,375,000 in annual credit sales. The accounts receivable days (average collection period) of the company will be: days (round answer to two decimal places)