The days sales outstanding (DSO) ratio of a firm identifies:
A. ?the average length of time a firm must wait after making a credit sale before receiving cash.
B. ?how effectively the firm uses its plant and equipment to help generate sales.
C. ?the extent to which a firm's net operating income can safely decline.
D. ?the profit (earnings) per dollar of sales.
E. ?how much investors are willing to pay for the firm's stock for each dollar of reported profits.
Answer: A
You might also like to view...
______ contact allows for a sharing between speaker and the audience.
a. Eye b. Hand c. Mind d. Personal
A debt ratio of 2.2 means you have $2.20 of assets for each $1 of total liabilities
Indicate whether the statement is true or false.
Although one revision of prior probabilities can provide useful posterior probability estimates, additional information can be gained from performing the experiment a second time
Indicate whether the statement is true or false
Upton borrows $150,000 from Valley Credit Union to buy a home, which secures the loan. Three years into the term, Upton stops making payments on it. Valley Credit repossesses and auctions off the property to Wesley. The sale proceeds are not enough to cover the unpaid amount of the loan. In most states, Valley Credit can ask a court for
A. a deficiency judgment. B. a reverse mortgage. C. a short sale. D. nothing.