Days' Sales in Receivables Is the Ratio of Average Net

question 128

True/False

Days' sales in receivables is the ratio of average net accounts receivable to one day's sales.

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Definitions:

Windings

Coils of wire, typically copper, wound around a core or form, used in electrical machines and devices to generate magnetic fields or induce voltages.

Drive Gear

A gear that transmits power from the engine to the drivetrain in a vehicle, facilitating movement.

Armature

The rotating coil or core of a generator or motor on which the winding is placed and electrical current is induced.

Driveshaft

A mechanical component for transmitting torque and rotation, usually used in vehicles to connect other components of the drivetrain that cannot be directly connected.