The Ratio That Indicated How Many Days It Takes to Turn

question 67

Multiple Choice

The ratio that indicated how many days it takes to turn accounts receivable into cash is the:

• A) accounts receivable turnover ratio.
• B) average turnover ratio.
• C) average collection period.
• D) quick assets turnover ratio.
• E) accounts receivable ratio.

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Definitions:

Organic Product

A compound or material which results from the transformation of organic precursors in a chemical reaction, usually in organic synthesis.

Reaction

A process in which substances, the reactants, transform into different substances, the products.

Conversion

The process of changing something into a different form or substance, often used in the context of chemical reactions.

Reaction

A process in which substances, the reactants, undergo a transformation to produce new substances, the products.