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:

Clozapine

An antipsychotic medication used in the treatment of schizophrenia, particularly effective in patients resistant to other treatments.

Second-Generation Antipsychotic

A class of medication used to treat psychiatric conditions, characterized by fewer side effects compared to first-generation antipsychotics.

Schizophrenia

A persistent and intense mental illness marked by altered cognition, perception, feelings, speech, self-awareness, and actions.

Psychotherapy

A therapeutic treatment involving psychological techniques, designed to assist individuals in overcoming difficulties and achieving personal growth.