6. Calculate Days Sales in Receivables for JCT Textiles Inc. given following information. Accounts Receivables: $38,100 Total

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6. Calculate "Days Sales in Receivables" for JCT Textiles Inc. given following information.

Accounts Receivables: $38,100

Total Assets: $523,700

Total asset turnover (TAT) is 1.17

Profit margin ratio is 7.3 percent.

Assume a 365-day year.

Posted Date: May 18, 2024 07:12 PM

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6. Calculate Days Sales in Receivables for JCT Textiles Inc. given following information. Accounts Receivables: $38,100 Total

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