3 years ago

Collection Ratio is defined as?

Health

1 answer:

klemol [59]3 years ago

6 0

Answer:

Explanation:

atio of a company's accounts receivable to its average daily sales. The collection ratio is the average number of days it takes the company to convert receivables into cash. It is also called average collection period. Dictionary of Finance and Investment Terms for: collection ratio. collection ratio.

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