A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2017 · Q211 Mark
Bradshaw does not keep proper books of account. The following information is available for the year. [Table: cost of sales $750000, mark-up 20%, cash sales $300000, trade receivables $46000] What are total sales and trade receivables turnover? [Table: total sales $, trade receivables turnover (days), A 900 000, 19, B 900 000, 28, C 937 500, 18, D 937 500, 27]
A900 000 19
B900 000 28
C937 500 18
D937 500 27
✓ Correct answer
B: 900 000 28
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