The Number of Days It Takes to Collect the Average

question 121

Multiple Choice

The number of days it takes to collect the average amount of receivables is called:

• A) the quick ratio
• B) the acid-test ratio
• C) the current ratio
• D) days' sales in receivables

---

Definitions:

Tilted Sequence

Layers of rock that have been moved from their original horizontal position to an angle due to tectonic forces.

Granite

A coarse-grained igneous rock composed mainly of quartz, feldspar, and mica, known for its durability and widely used in construction.

Diorite

A coarse-grained, intrusive igneous rock composed mainly of plagioclase feldspar, with smaller amounts of hornblende, biotite, and/or pyroxene.

Igneous Rocks

Stones created by the process of magma or lava cooling and turning into solid form.