What Is the Days' Sales in Receivables for 2015

question 254

Multiple Choice

What is the days' sales in receivables for 2015?

• A) 34
• B) 43
• C) 48
• D) 53
• E) 59

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Definitions:

Going Private

A transaction or series of transactions in which a publicly traded company is transformed into a privately held one.

Freeze-Out

In corporation law, a type of oppression by which only minority shareholders are forced to sell their shares.

Right Of Appraisal

The process to determine the fair market value of an asset by a neutral third party or appraiser.

Greenmail

A situation where a company buys back its own shares from a potential acquirer at a higher price than the market value to prevent a hostile takeover.