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]
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of incomplete records within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep