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    Financial Accounting Study Set 7
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    Exam 4: Cash and Receivables
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    The Number of Days It Takes to Collect the Average
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The Number of Days It Takes to Collect the Average

Question 121

Question 121

Multiple Choice

The number of days it takes to collect the average amount of receivables is called:


A) the quick ratio
B) the acid-test ratio
C) the current ratio
D) days' sales in receivables

Correct Answer:

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