Multiple Choice
The number of days' sales uncollected:
A) Measures a company's ability to pay its bills on time.
B) Measures a company's debt to income.
C) Is used to evaluate the liquidity of receivables.
D) Is calculated by dividing accounts receivable by sales.
E) Is calculated by dividing sales by accounts receivable.
Correct Answer:
Verified
Correct Answer:
Verified
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