The Days' Sales Uncollected Ratio Is Used To

Multiple Choice

The days' sales uncollected ratio is used to:

A) Determine the number of days that have passed without collecting on accounts receivable.
B) Identify the likelihood of collecting sales on account.
C) Measure how many days of sales remain until the end of the year.
D) Estimate how much time is likely to pass before cash receipts from credit sales equal the current amount of accounts receivable.
E) Measure the amount of layaway sales for a period.