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Q1) Sina's Corp. has net income of $70,000 , a profit margin of 8.00%, and an accounts receivable balance of $100,000 . Assuming 65% of
Q1) Sina's Corp. has net income of $70,000 , a profit margin of 8.00%, and an accounts receivable balance of $100,000 . Assuming 65% of sales are on credit, what are the days' sales in receivables?
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