The Ratio That Provides an Estimate of the Number of Days

question 54

Multiple Choice

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

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

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Definitions:

Indirect Strategy

A communication approach that presents the main message after providing explanations, justifications, or background information.

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Facebook

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