When Evaluating the Days' Sales Uncollected Ratio,generally the Less Time

question 87

True/False

When evaluating the days' sales uncollected ratio,generally the less time that money is tied up in receivables often translates into increased profitability.

---

Definitions:

Hypothetical Syllogism

A logical argument involving two conditional statements and a conclusion that logically follows from them.

Formalize

The act of expressing an idea, argument, or process in a precise, often mathematical or logical, form.

Hypothetical Syllogism

A logical argument with two conditional statements followed by a conclusion that infers from the antecedent of one statement to the consequence of the other.

Categorical Syllogism

A form of deductive reasoning consisting of three propositions: a major premise, a minor premise, and a conclusion, each of which states something about categories of things.