QUESTION 17 If a company's days sales in receivables is 32 days what is their receivables turnover? O 12.25x O 14.37x O 11.41x O 12.67x QUESTION 18 Which of the following statements is false about cash budgets? O Cash receipts are calculated by adding up all the cash inflows in a given month O When calculating the cash budget the firm must consider many aspects such as, cash receipts, cast expenses, manman desired cash balance, and previous O Cash receipts include sales, investment income and interest expenses. All of the above are true