Which ratio indicates the effectiveness of a company's credit extension policy?
A) inventory turnover
B) accounts payable turnover
C) days sales outstanding
D) days inventory on hand
Answer: C
Business
You might also like to view...
In a(n) ________, a business cuts prices to take sales from competitors
A) equity competition B) share of wallet battle C) price war D) channel switch E) brand stretch
Business
In the Middle-East, leaders are likely to pick their trusted followers based on __________, while in the U.S., _________ is likely to be a primary factor
a. friendship; similarity to the leader b. obedience; team building ability c. obligation; contacts d. social class and birth; performance
Business