Which One of the Following "Measures" the Average Days of Sales

question 23

Multiple Choice

Which one of the following "measures" the average days of sales committed to the extension of trade credit?

• A) sale-to-cash conversion period
• B) inventory-to-sale conversion period
• C) purchase-to-payment conversion period
• D) cash conversion cycle period

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Definitions:

American

Relating to or characteristic of the United States of America, its inhabitants, or their culture.

Wage System

The method or structure of paying laborers and employees for their work, often based on hours worked, productivity, or roles.

Government Ownership

The situation where assets, enterprises, or sectors are owned and controlled by the government rather than private individuals or companies.

Labor Movement

A collective organization of workers and unions aimed at improving wages, working conditions, and workers' rights through collective bargaining and political actions.