O-LevelAccountingAnalysis and interpretation7707/12 · May/June 2025 · Q311 Mark
The following information is available at the end of Savid's first year of trading: Amount owed by credit customers: $9600 Amount owed to credit suppliers: $12800 Total sales for the year are $220000, of which cash sales are $24000. What is the trade receivables turnover in days?
A16 days
B18 days
C21 days
D22 days
✓ Correct answer
B: 18 days
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