Identify the statement below that describes what the Days' sales uncollected ratio assesses.

1 answer:

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The statement which describes what the Days' sales uncollected ratio assesses how to measure how quickly a company can convert its accounts receivables into cash.

<h3>What is Sales uncollected ratio?</h3>

This helps measure the days the company will receive cash and is an important ratio for the company's investors and creditors.

This measures how fast a company will receive cash payment for its goods and services.

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If we read the complete exercise, we can understand that the correct answer is 9 students.

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