What does days' sales outstanding tell you? a. It provides an indication of how many days, on
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Question:
What does days' sales outstanding tell you?
a. It provides an indication of how many days, on average, it takes for customers to receive their invoices.
b. It provides an indication of how many days, on average, it takes for customers to pay their invoices.
c. It provides an indication of how many days, on average, it takes for the company to sell its inventory.
d. It provides an indication of how many days, on average, it takes for the company to pay its accounts due.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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