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    Horngrens Accounting Study Set 2
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    Exam 9: Receivables
  5. Question
    The Number of Days It Takes to Collect the Average
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The Number of Days It Takes to Collect the Average

Question 51

Question 51

Multiple Choice

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


A) inventory turnover.
B) days' sales in receivables.
C) current ratio.
D) acid-test ratio.

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