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The measure of a company's ability to collect cash from its customers who purchase on account is the OA. accounts receivable turnover. O B. cash
The measure of a company's ability to collect cash from its customers who purchase on account is the OA. accounts receivable turnover. O B. cash conversion cycle. O C. days' payable outstanding. O D. accounts payable turnover. A ratio that measures a company's profitability is the OA. leverage ratio. OB. current ratio. OC. gross margin percentage. D. times-interest-earned ratio Marie's Clothing Store had an accounts receivable balance of S430,000 at the beginning of the year and a year- end balance of $580,000. Net credit sales for the year totaled $2,200,000. The average collection period of the receivables was: (Round any intermediary calculations to two decimal places and your final answer to the nearest day.) O A. 96 days. O B. 71 days. O C. 12 days. O D. 84 days. The ratio that measures the number of times that operating income can cover interest expense is the: 0 A" rate of return on total assets. OB, debt ratio. OC. times-interest-earned ratio. OD. leverage. How is the cash conversion cycle computed? A. days' inventory outstanding+days' sales outstanding - days' payable outstanding O B. days' inventory outstanding-days sales outstanding-days payable outstanding. O C. days' inventory outstanding + days' sales outstanding + days' payable outstanding. O D. days' inventory outstanding days' sales outstanding +days' payable outstanding
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