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    Fundamentals of Financial Management
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    Exam 4: Analysis of Financial Statements
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    The Days Sales Outstanding Tells Us How Long It Takes,on
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The Days Sales Outstanding Tells Us How Long It Takes,on

Question 63

Question 63

True/False

The days sales outstanding tells us how long it takes,on average,to collect after a sale is made.The DSO can be compared with the firm's credit terms to get an idea of whether customers are paying on time.

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