Days sales in receivables a company has net income of
Days' Sales in Receivables. A company has net income of $186,000, a profit margin of 7.9 percent, and an accounts receivable balance of $123, 840. Assuming 70 percent of sales arc on credit, what is the company's days' sales in receivables?
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days sales in receivables a company has net income of 186000 a profit margin of 79 percent and an accounts receivable
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dome metals has credit sales of 396000 yearly with credit terms of net 45 days which is also the average collection
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