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Use the following information to answer the question that follow: NetIncomeProfitmarginA/RCreditsales:$205,000:7.80%:$151,642:60%oftotalsales Compute the days' sales in receivables Use the following information to answer the question

image text in transcribed Use the following information to answer the question that follow: NetIncomeProfitmarginA/RCreditsales:$205,000:7.80%:$151,642:60%oftotalsales Compute the days' sales in receivables

Use the following information to answer the question that follow: Net Income Profit margin Credit sales Compute the days' sales . $2e5,e : 7.8e% . $151,642 of total sales receivables

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