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The number of days' sales in receivable is a measure of? a. Asset value b. Sales performance c. Profitability d. Liquidity
D Liquidity
I agree with 'D' Liquidity
In this question answer D is correct as number of days'sales in receivable means how many days it takes those sales to collect. It is related to liquidity, It is not an Asset value, profitablity or Sales performance. Becaue sales performance is though measured by some companies based on collections, but in really it is not sales performance, collection is responsiblity of collection department or credit department in some companies.
D- Liquidity is the correct answer.
d. Liquidity - concern with availability of fund.
Option (D) Liquidity is correct.
The answer is D. liquidity.
D.
B. Sales Performance
D
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