Which of the following is not true regarding the receivables turnover ratio 1) It is used to assess the liquidity of receivables 2) It has a popular variant called the average collection period 3) It measures the number of times, on average, receivables are collected during a period 4) It is calcul...

Net accounts receivables are used ...

Which of the following is not true regarding the receivables turnover ratio? 1) It is used to

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Which of the following is not true regarding the receivables turnover ratio?

1)	It is used to assess the liquidity of receivables.

2)	It has a popular variant called the average collection period.

3)	It measures the number of times, on average, receivables are collected during a period.

4)	It is calculated by dividing the average gross accounts receivable by the net credit sales.

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: Oct 30, 2022 01:53 AM

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Which of the following is not true regarding the receivables turnover ratio? 1) It is used to

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Introduction To Corporate Finance

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