Ainul's business had the following trade receivables and trade payables at 31 March 20X6: 
Total assets in 20X6 were £385 520 (20X5 - £387 772) .
Which of the following statements are correct?
A.Trade receivables as a percentage of total assets have decreased between 20X5 and 20X6.
B.Trade payables as a percentage of total assets have decreased between 20X5 and 20X6.
Applying vertical analysis:
A) Neither of them
B) Both of them
C) A only
D) B only
Correct Answer:
Verified
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