The Ratio That Provides an Estimate of the Number of Days,on

question 26

Multiple Choice

The ratio that provides an estimate of the number of days,on average,that it takes for customers to pay their accounts is the:

• A)days' sales in receivables.
• B)current ratio.
• C)accounts receivable turnover.
• D)acid-test ratio.

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Definitions:

Culture

The customs, arts, social institutions, and achievements of a particular nation, people, or other social group.

Demographic Shift

Changes in the demographics of a population over time, which may include changes in age distribution, fertility rates, mortality rates, or migration trends.

Browning of America

This term describes the demographic trend of an increasing proportion of people of color, particularly those of Hispanic and Asian descent, in the United States population.

Cultural System

A framework of social structures and practices that reflect and uphold the shared values, beliefs, customs, and behaviors of a specific group or society.