Solved

The Number of Days' Sales Uncollected

Question 158

Multiple Choice

The number of days' sales uncollected:


A) Measures how much time is likely to pass before the current amount of accounts receivable is received in cash.
B) Can be used for comparisons to other companies in the same industry.
C) Can be used for comparisons between current and prior periods.
D) Reflects the liquidity of receivables.
E) All of these.

Correct Answer:

verifed

Verified

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

Related Questions