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Which Financial Ratio Indicates the Number of Days of Cash

question 56

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Which financial ratio indicates the number of days of cash on hand,at present sales levels?

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Definitions:

Business Firm

An organization engaged in commercial, industrial, or professional activities, either for profit or not-for-profit.

Profit Maximization

The process or strategy of adjusting a firm's operations, sales, and costs to achieve the highest possible profit.

Social Responsibility

The duty of entities, both individuals and organizations, to act in the best interests of society at large.

Positive Contribution

Actions or efforts by individuals or groups that have a beneficial impact on their surrounding environment or social context.

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