Days' Sales in Receivables Is Also Called

question 34

Multiple Choice

Days' sales in receivables is also called:

• A)days' sales outstanding
• B)collection period
• C)accounts receivable turnover
• D)A and B

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Definitions:

Opposite Number

The number with the same magnitude but opposite sign to a given number, effectively located on the opposite side of zero on the number line.

Overbar Symbol

A notation used in mathematics to indicate that the value or sequence beneath the bar is repeated infinitely.

Decimal Representation

The expression of numbers in a base-10 system, involving a sequence of digits to the right and left of a decimal point.

Distance

The amount of space between two points, usually measured along the shortest path connecting them.