The Ratio That Provides an Estimate of the Number of Days,on

question 26

Multiple Choice

The ratio that provides an estimate of the number of days,on average,that it takes for customers to pay their accounts is the:

• A)days' sales in receivables.
• B)current ratio.
• C)accounts receivable turnover.
• D)acid-test ratio.

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Definitions:

Currency Rises

A scenario where the value of a particular currency increases relative to others, affecting international trade and economic dynamics.

Cultural Barrier

involves differences in cultural practices, beliefs, and values that can impede understanding, interaction, and cooperation among people from different cultural backgrounds.

Supplier Relationship

The strategic management of interactions and engagements between a business and its suppliers to optimize the value of those relationships.