Days' Sales in Receivables Is the Ratio of Average Net

question 128

True/False

Days' sales in receivables is the ratio of average net accounts receivable to one day's sales.

---

Definitions:

Observational Studies

Research methods that involve observing subjects in their natural environment without manipulating the variable of interest.

Numerical

Relating to numbers or the use of numbers, typically involving data or quantities that can be measured or quantified.

Categorical Data

Data that represent characteristics and can be divided into groups or categories.

Quantitative Data

Numerical data that can be measured or counted and used for mathematical calculations and statistical analysis.