A company has net income of 186000 a profit margin of 89, Financial Management

A company has net income of 186000 a profit margin of 89

A company has net income of $186,000, a profit margin of 8.9 percent, and an accounts receivable balance of $125,370. Assuming 75 percent of sales are on credit, what are the company’s days sales in receivables? (Use 365 days a year. Do not round intermediate calculation and round your final answer to 2 decimal places. (e.g., 32.16))

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Financial Management: A company has net income of 186000 a profit margin of 89

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Financial Management: A company has net income of 186000 a profit margin of 89

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