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A company has net income of $200,000, a profit margin of 7%, and an accounts receivable...

A company has net income of $200,000, a profit margin of 7%, and an accounts receivable balance of $120,000. Assuming 100% of sales are on credit, what is the company's days' sales in receivables?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 3 months ago
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