Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

SOFE Exam SOFA-CFE Topic 9 Question 89 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 89
Topic #: 9
[All SOFA-CFE Questions]

Collection ratio can be calculated by the formula:

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Naomi
2 days ago
Hmm, I see your point. Let's discuss it further to figure out the correct answer.
upvoted 0 times
...
Avery
8 days ago
I disagree, I believe the correct answer is D) Collection Ratio = 365 + Net Sales / Receivable Turnover.
upvoted 0 times
...
Naomi
11 days ago
I think the answer is C) Collection Ratio = 365 / Receivable Turnover.
upvoted 0 times
...

Save Cancel