The Days' Sales Uncollected Ratio

question 118

Multiple Choice

The days' sales uncollected ratio:

• A)Is calculated by dividing accounts receivable by sales.
• B)Is used to evaluate the liquidity of receivables.
• C)Measures a company's debt to income.
• D)Measures a company's ability to pay its bills on time.
• E)Is calculated by dividing sales by accounts receivable.

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Definitions:

Presidential Candidate

A person who is nominated or runs for election to the office of the President.

Southern States

Refers to the states located in the southern region of the United States, historically characterized by distinct cultural, economic, and historical traits.

Preserve Slavery

To maintain or keep the institution of slavery in existence, preventing its abolition.

Confederacy

A confederation of secessionist American states existing from 1861 to 1865, formed by states in the Southern United States that supported slavery and opposed the policies of the northern states.