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The Number of Days' Sales Uncollected

Question 313

Multiple Choice

The number of days' sales uncollected


A) Measures how much time is likely to pass before a company receives cash receipts from credit sales equal to the current amount of accounts receivable
B) Is used to compare a company to other companies in the same industry
C) Is used to compare between current and prior periods
D) Is used to compare a company to other companies in the same industry and is used to compare between current and prior periods
E) All of these

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