A company has net income of 188000 a profit margin of 1000


A company has net income of $188,000, a profit margin of 10.00 percent, and an accounts receivable balance of $106,557. Assuming 77 percent of sales are on credit, what is the company's days' sales in receivables?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: A company has net income of 188000 a profit margin of 1000
Reference No:- TGS0595354

Expected delivery within 24 Hours