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

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Definitions:

Elastic Bandage

A stretchable bandage used to create localized pressure, commonly utilized to reduce swelling and support injured joints or muscles.

Severe Strain

A significant or extensive injury to a muscle or tendon, caused by overstretching or tearing.

Swelling

An increase in size or volume of a body part, typically resulting from inflammation or accumulation of fluid.

Wound Dressing

The application of materials (such as bandages, gauze, or plasters) to a wound to protect it from infection, absorb discharge, and promote healing.