Question
The number of days' sales uncollected: a. Is used to measure how quickly a company can convert its accounts receivable into cash.
The number of days' sales uncollected:
a. Is used to measure how quickly a company can convert its accounts receivable into cash.
b. Is calculated by multiplying accounts receivable by net sales.
c. Measures a company's profit margin.
d. Measures a company's debt to income. Is
e. calculated by dividing net sales by accounts receivable.
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