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Problem 3-14 Days' Sales in Receivables A company has net income of $192,000, a profit margin of 9.5 percent, and an accounts receivable balance of

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Problem 3-14 Days' Sales in Receivables A company has net income of $192,000, a profit margin of 9.5 percent, and an accounts receivable balance of $131,370. Assuming 75 percent of sales are on credit, what is the company's days' sales in receivables? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Days' sales in receivables days

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