The Number of Days' Sales in Receivables

question 125

Multiple Choice

The number of days' sales in receivables

• A) is an estimate of the length of time the receivables have been outstanding
• B) measures the number of times the receivables turn over each year
• C) is Net Credit Sales divided by Average Receivables
• D) is not meaningful and therefore is not used

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Definitions:

Neisseria Gonorrhoeae

A bacterial species that causes gonorrhea, a sexually transmitted infection characterized by discharge and discomfort.

Cystitis

A bladder infection, affecting mainly women, that is often related to sexual activity, although it is not transmitted from one partner to another.

Hepatitis B

An infectious disease leading to inflammation of the liver due to HBV, which can lead to chronic liver disease and liver cancer.

Pubic Lice

Small parasites that infest the hair in the pubic area, also known as "crabs."