The ratio that indicates how many days,on average,it takes to collect the receivables is known as the days' sales in receivables.

Name: The ratio that indicates how many days,on average,it takes to collect the receivables is known as the days' sales in receivables.
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Question

Quizplus · Accepted Answer

The statement is true. The days' sales in receivables ratio measures the average number of days it takes to collect payments from customers after a sale is made.

The Ratio That Indicates How Many Days,on Average,it Takes to Collect