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The Days' Sales in Receivables Ratio Indicates the Number of Days

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The days' sales in receivables ratio indicates the number of days it takes to collect the average level of accounts receivable.


Definitions:

Instructions

Directions or orders given to explain how something should be done or operated.

Simple Procedure

An easy or uncomplicated series of steps designed to achieve a specific task or process.

Routine Business Requests

Standard or common requests made in the course of business operations, such as for information or action.

Requesting a Reference

The act of asking someone, typically a former employer or professional contact, to provide a positive account of your abilities or character to a potential employer.

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