Which one of the following ratios indicates the average number of days that sales are outstanding?
A) average payment period
B) average collection period
C) quick ratio
D) interest coverage
Correct Answer:
Verified
Q106: The primary purpose of the liquidity ratios
Q107: _ evidence of the existence of a
Q108: The quick ratio of a firm with
Q109: Accounts payable∕(Cost of goods sold∕365)
A) Current ratio
B)
Q110: A financial technique that involves dividing various
Q112: (Cash + Marketable securities + Accounts receivable)
Q113: The extent to which assets are used
Q114: Which item is not included in the
Q115: Management of current assets does not involve
Q116: Which of the following statements is false?
A)
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