menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 3
  4. Exam
    Exam 9: Receivables
  5. Question
    The Days' Sales in Receivables Ratio Indicates the Number of Days
Solved

The Days' Sales in Receivables Ratio Indicates the Number of Days

Question 13

Question 13

True/False

The days' sales in receivables ratio indicates the number of days it takes to collect the average level of accounts receivable.

Correct Answer:

verifed

Verified

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

Related Questions

Q8: The collection period of accounts receivable is

Q10: Prepare the journal entry to record an

Q11: Sunrays,Inc.wrote off the account of one of

Q12: When a business accepts payment by credit

Q14: The following selected transactions occurred during 2016

Q15: Interest on a $60,000 note at 10%

Q18: If the maker of a note does

Q67: When using the allowance method,the receipt of

Q156: Under the direct write-off method,which of the

Q160: Which of the following is included in

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