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.

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Definitions:

World Exists

The acknowledgment of the reality of the physical universe and everything in it.

Barrier To Critical Thought

An obstacle or factor that impedes the ability to think clearly, logically, or objectively.

Emotions

Complex psychological states that involve physiological responses, subjective feelings, and expressive behaviors.

Rationalism

The belief that religion should be consistent with reason and evidence.