The number of days' sales in receivables A. is an estimate of the length of time the receivables have been outstandingB. measures the number of times the receivables turn over each yearC. is Net Credit Sales divided by Average ReceivablesD. is not meaningful and therefore is not used
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The number of days' sales in receivables A. is an estimate of the length of time the receivables have been outstandingB. measures the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Lilypad Hot Tubs, Inc. reports the following information for August: Sales Revenue $ 900 comma 000 Variable Costs 310 comma 000 Fixed Costs 56 comma 000 Calculate the operating income for August using variable costing. A. $ 590 comma 000 B.
Answers (1)
Returns and Actions Kunal Nayyar from London, had $60,000 in investments in the USA at the beginning of the year that consisted of a diversified portfolio of stocks (40 percent), bonds (40 percent), and cash equivalents (20 percent).
Answers (1)
Other disclosures related to receivables are reported a. on the income statement only. b. on the face of the financial statements only. c. in the financial statement notes only. d.
Answers (1)
How to address issues of equality, respect, dignity in a business
Answers (1)
What happens during the adjourning stage of the five-stage group-development model? wrapping up activities assimilating a common set of expectations solidifying the group structure resisting the constraints of the group dealing with uncertainty
Answers (2)
New Questions in Business
Under the allowance method, writing off an uncollectible account A) affects only balance sheet accounts. B) affects both balance sheet and income statement accounts. C) affects only income statement accounts. D) is not acceptable practice.
Answers (1)
You're trying to save to buy a new $190,000 ferrari. you have $31,000 today that can be invested at your bank. the bank pays 3.8 percent annual interest on its accounts.
Answers (1)
The natural rate of unemployment is a. the sum of seasonal unemployment and cyclical unemployment. b. the sum of structural unemployment and cyclical unemployment. c. the sum of structural unemployment and frictional unemployment. d.
Answers (1)
For a large company with many strategic supplier alliances, what would be the best way to manage them? a. Create an alliance board to oversee alliances b. Reduce the number of supplier alliances to less than five c.
Answers (1)
In the language of macroeconomics, investment refers to Select one: a. saving. b. the purchase of new capital. c. the purchase of stocks, bonds, or mutual funds. d. All of the above are correct.
Answers (1)