The following financial data relate to Bandara Pty Ltd for the years ended 30 June Year 3 and 30 June Year 2.
Additional information
The debtors figure at 30 June Year 1 was $78 000 (net). The inventory figure at 30 June Year 1 was $130 000. The company provides its credit customers 30 days to pay. The average inventory turnover for the industry in which the company operates is 101 days.

Question

The following financial data relate to Bandara Pty Ltd for the years ended 30 June Year 3 and 30 June Year 2.
  Additional information
The debtors figure at 30 June Year 1 was $78 000 (net). The inventory figure at 30 June Year 1 was $130 000. The company provides its credit customers 30 days to pay. The average inventory turnover for the industry in which the company operates is 101 days.

Quizplus · Accepted Answer

The Answer of The following financial data relate to Bandara Pty Ltd for the years ended 30 June Year 3 and 30 June Year 2.
  Additional information
The debtors figure at 30 June Year 1 was $78 000 (net). The inventory figure at 30 June Year 1 was $130 000. The company provides its credit customers 30 days to pay. The average inventory turnover for the industry in which the company operates is 101 days.

The Following Financial Data Relate to Bandara Pty Ltd for the Years