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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 6: Reporting and Analyzing Cash and Internal Controls
  5. Question
    The Days' Sales Uncollected Ratio Is Calculated by Dividing Accounts
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The Days' Sales Uncollected Ratio Is Calculated by Dividing Accounts

Question 99

Question 99

True/False

The days' sales uncollected ratio is calculated by dividing accounts receivable by net sales and multiplying this quotient by 365.

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