Days' Sales in Receivables Measures ________

question 187

Multiple Choice

Days' sales in receivables measures ________.

• A) how many days it takes to order and receive inventory
• B) how many days it takes to collect the average level of accounts receivable
• C) how many days it takes to sell inventory
• D) the number of times a company collects the average accounts receivable balance in one year

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Definitions:

Plate Boundary

The edges where two tectonic plates meet, which can result in earthquakes, volcanic activity, and the formation of mountain ranges.

Subducted Plate

The portion of a tectonic plate that is forced below another plate into the Earth's mantle at a convergent boundary.

Oceanic Crust

The portion of the Earth's crust that underlies the ocean basins, composed predominantly of basalt and gabbro.

Lavas

Magma that has been expelled from a volcanic vent and has solidified on the Earth's surface.