A Company Increased Its Days' Sales Outstanding from 35 Days

question 14

True/False

A company increased its days' sales outstanding from 35 days to 43 days. This implies the company is more efficient.

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Definitions:

Toxic Tort

A civil wrong arising from exposure to a toxic substance, such as asbestos, radiation, or hazardous waste.

Environmental Protection Agency

A U.S. federal agency responsible for managing and enforcing national pollution control and environmental laws and regulations.

Chemical Compound

A substance composed of two or more elements chemically bonded together in a fixed proportion.

Human Health

The state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.