CDKCDK5516 CDKCDK5516

16-07-2020
Business

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A company has net income of $182,000, a profit margin of 10.00 percent, and an accounts receivable balance of $106,201. Assuming 75 percent of sales are on credit, what is the company's days' sales in receivables?

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16-07-2020

Answer:373

Explanation:

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