The Ratio That Provides an Estimate of the Number of Days,on

question 26

Multiple Choice

The ratio that provides an estimate of the number of days,on average,that it takes for customers to pay their accounts is the:

• A)days' sales in receivables.
• B)current ratio.
• C)accounts receivable turnover.
• D)acid-test ratio.

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Definitions:

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Results or consequences of an action or situation that are beneficial or advantageous.

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Factors or conditions that contribute to achieving goals or reaching desired outcomes, varying widely across different contexts.

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