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    Financial Accounting Study Set 11
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    Exam 12: Financial Statement Analysis
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    The Ratio That Provides an Estimate of the Number of Days,on
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The Ratio That Provides an Estimate of the Number of Days,on

Question 26

Question 26

Multiple Choice

The ratio that provides an estimate of the number of days,on average,that it takes for customers to pay their accounts is the:


A) days' sales in receivables.
B) current ratio.
C) accounts receivable turnover.
D) acid-test ratio.

Correct Answer:

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