Days' Sales in Inventory Is a Ratio Measure That Shows

question 13

True/False

Days' sales in inventory is a ratio measure that shows how quickly a company can collect its receivables.

---

Definitions:

Probability

The measure of the likelihood that an event will occur, often represented as a number between 0 and 1.

Negation

The logical operation that inverts the truth value of a proposition or statement.

Probability

The degree to which something is probable; the extent to which an event is likely to happen.

Event A

A specific occurrence or happening, often denoted in probability and statistics as a measurable outcome.