Examlex
Which of the following statements about neurons is FALSE?
Average Collection Period
The average number of days it takes for a company to receive payments owed by its customers for credit sales.
Inventory Turnover
A financial metric indicating how many times a company has sold and replaced its inventory over a specific period.
Quick Ratio
Current assets less inventories divided by current liabilities. A financial ratio that measures a firm’s liquidity, the ability to pay its bills in the short run, without depending on converting inventory into cash. Also called the Acid Test.
Current Ratio
The Current Ratio is a financial metric used to evaluate a company's ability to pay its short-term liabilities with its short-term assets, indicating liquidity.
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