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.
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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 it is a single die rolled then the probability is 1/6 but if it is a pair of dice then the probability is going to be doubled and it becomes 1/36
