Answer Happy

Posted: **Sun Jul 03, 2022 3:51 pm**

: Assume Your Company Makes All Of Its Sales On Account And Asks Customers To Pay Within 30 Days Of Receiving Their Invoic 1 (16.02 KiB) Viewed 16 times

Assume your company makes all of its sales on account and asks customers to pay within 30 days of receiving their invoice. Your company's calculated Days' Sales in Receivables is 40 days. Is the ratio "good" or "bad"? Explain.