Solved

Based on the Below Figures, What Are the Receivables Days

Question 27

Multiple Choice

Based on the below figures, what are the receivables days?
£ Trade receivables 72,000 Prepayments 30,000 Cash sales 328,500 Credit sales 547,500\begin{array}{lr}& £ \\\text { Trade receivables } & 72,000 \\\text { Prepayments } & 30,000 \\\text { Cash sales } & 328,500 \\\text { Credit sales } & 547,500\end{array}


A) 30.00 days
B) 42.50 days
C) 48.00 days
D) 68.00 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents