menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Statement Analysis
  4. Exam
    Exam 6: Liquidity of Short-Term Assets;related Debt-Paying Ability
  5. Question
    If Days' Sales in Receivables Are Materially Longer Than the Credit
Solved

If Days' Sales in Receivables Are Materially Longer Than the Credit

Question 26

Question 26

True/False

If days' sales in receivables are materially longer than the credit terms,this indicates a collection problem.

Correct Answer:

verifed

Verified

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

Related Questions

Q21: Which of the following ratios does not

Q22: The days' sales in receivables ratio gives

Q23: Which of the following is not an

Q24: Even an entity on a very profitable

Q25: Compensating balances reduce the amount of cash

Q27: The ability of an entity to maintain

Q28: Liquidity problems with receivables and/or inventory means

Q29: Shaffer Company presents the following data

Q30: Prepayments should be reported in the:<br>A)stockholders' equity

Q31: A low sales to working capital ratio

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