The Number of Days' Sales Uncollected Is Used To

Multiple Choice

The number of days' sales uncollected is used to:

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