Days' Sales in Receivables Measures the Return on Average Receivables

question 147

True/False

Days' sales in receivables measures the return on average receivables.

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Definitions:

Chemical Digested

The process of breaking down substances into simpler components through chemical reactions, usually referring to the digestion of food.

Brush Border Cells

Epithelial cells found in the intestinal lining and kidney, characterized by a densely packed layer of microvilli on their apical surface to enhance absorption.

Absorbed

The process by which substances are taken into a more condensed form or into a different medium, such as liquids being taken up by solids.

Small Molecules

Chemical substances that are not very large, typically having a low molecular weight, and often used in pharmacology and biochemistry.