Which one of the following statements is NOT true? DSO measures in days, the time the firm

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Which one of the following statements is NOT true?

DSO measures in days, the time the firm takes to convert its receivables into cash.

One ratio that measures the efficiency of a firm's collection policy is days' sales outstanding.

The accounts receivables turnover ratio measures how quickly the firm collects on its credit sales.

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Personal Financial Planning

ISBN: 978-1259277184

2nd edition

Authors: Lewis J. Altfest

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Posted Date: Jul 06, 2018 09:28 AM

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Which one of the following statements is NOT true? DSO measures in days, the time the firm

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Personal Financial Planning

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