The days' sales in receivables for Barker Sales is 35. The days' sales in receivables for Xanadu Company is 25. This suggests that Xanadu is having greater difficulty than Barker is in collecting its accounts receivable

Indicate whether the statement is true or false

FALSE

Business

You might also like to view...

The first federal statute for the regulation of securities offered for sale and sold through interstate commerce was passed in:

a. 1916. b. 1933. c. 1934. d. 1954.

Business

The Sherman Antitrust Act attacks the practice of exclusive dealing contracts

a. True b. False Indicate whether the statement is true or false

Business