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H3Ko H3Ko
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8 years ago
Days' sales in receivables measures ________.
A) how many days it takes to order and receive inventory
B) how many days it takes to sell inventory
C) the number of times a company collects the average accounts receivable balance in one year
D) how many days it takes to collect the average level of accounts receivable
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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8 years ago
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H3Ko Author
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#2
8 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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