menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 26
  4. Exam
    Exam 4: Cash and Receivables
  5. Question
    The Number of Days It Takes to Collect the Average
Solved

The Number of Days It Takes to Collect the Average

Question 104

Question 104

Multiple Choice

The number of days it takes to collect the average amount of receivables is called:


A) the current ratio
B) the acid-test ratio
C) days' sales in receivables
D) the quick ratio

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q99: If a bank statement included an EFT

Q100: In a bank reconciliation, bank service charges

Q101: The category "Other Receivables" on the balance

Q102: Two major types of receivable include: account

Q103: Outstanding cheques are deposits that a company

Q105: In a bank reconciliation, there might be

Q106: When preparing a bank reconciliation, which of

Q107: When a note matures, the payee should

Q108: In a bank reconciliation, a deposit in

Q109: The asset requiring the highest level of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines