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