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
    Days' Sales in Receivables May Be Abnormally High at the End
Solved

Days' Sales in Receivables May Be Abnormally High at the End

Question 18

Question 18

True/False

Days' sales in receivables may be abnormally high at the end of the year if sales volume expanded materially late in the year.

Correct Answer:

verifed

Verified

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

Related Questions

Q13: An approximation of the operating cycle can

Q14: The company with the natural business year

Q15: Working capital of a business is the

Q16: The valuation problem from waiting to collect

Q17: A shortening of the credit terms is

Q19: Company A uses LIFO and Company B

Q20: Which of the following accounts would not

Q21: Which of the following ratios does not

Q22: The days' sales in receivables ratio gives

Q23: Which of the following is not an

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