Days' Sales in Receivables Is a Measure of a Company's

question 47

True/False

Days' sales in receivables is a measure of a company's ability to collect their accounts receivable.

---

Definitions:

Phalanges

The skeletal components located in the digits of humans and other vertebrates.

Carpals

The eight small bones that make up the wrist that connect the hand to the forearm.

Metacarpals

The five long bones found in the hand between the wrist (carpals) and the fingers (phalanges), making up the palm.

Phalanges

The skeletal structures found within human fingers and toes.