Which of the following is not true about the days’ sales in receivables? a. It is also called the collection period b. It indicates the number of days to collect the accounts receivable c. The number...

Which of the following is not true about the days’ sales in receivables?

a. It is also called the collection period

b. It indicates the number of days to collect the accounts receivable

c. The number of days’ sales in receivables shows the number of customers making

payments.

d. The shorter the collection period the quicker the firm can use its cash.