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Basic Question 6 of 8
Receivable turnover measures ______.
B. the amount of the average receivable account
C. how many times, on average, the accounts receivable were converted into cash during the period
A. the time it takes to collect an average receivable
B. the amount of the average receivable account
C. how many times, on average, the accounts receivable were converted into cash during the period
User Contributed Comments 2
| User | Comment |
|---|---|
| johntan1979 | A is DSO or DAR |
| khalifa92 | during the period = turn ove |
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Colin Sampaleanu
Learning Outcome Statements
calculate and interpret activity, liquidity, solvency, and profitability ratios
describe relationships among ratios and evaluate a company using ratio analysis
CFA® 2024 Level I Curriculum, Volume 3, Module 11.