The Receivables Turnover Ratio Indicates

question 69

Multiple Choice

The receivables turnover ratio indicates:

• A)the average number of days from the time a sale is made on account to the time cash is collected.
• B)the average number of days from the time a sale is made on account to the time payment is due.
• C)how many times a year receivables go uncollected.
• D)how fast receivables are collected.

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Definitions:

Condition-Controlled

A loop that executes as long as a specific condition remains true.

Sentinel-controlled

Describes a loop or sequence that continues execution until a sentinel value is encountered.

Condition-controlled Loop

A loop that continues execution as long as a specified condition remains true.

Terminate the Loop

Refers to ending the execution of a loop before its natural conclusion, often through a break statement.