TB MC Qu$.08-88($Static$)$ Which of the following about...

Which of the following about the days$$ sales uncollected ratio is false?

Multiple Choice

It is most effective in evaluating the cash sales of a company.

It can be used for comparisons to other companies in the same industry.

It can be used for comparisons between current and prior periods.

It can be used to determine if cash is being collected quickly enough to pay upcoming obligations.

It measures how much time is likely to pass before the current amount of accounts receivable is received in cash.

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