14.17 A company has debtors in its year-end balance sheet of 218603. Sales for the year were...
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14.17 A company has debtors in its year-end balance sheet of £218603. Sales for the year were £1 703 698; 70% of these were sales on credit. Debtor turnover in days is:
a) 46.8 days
b) 32.7 days
c) 66.9 days
d) 18.3 days.
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Related Book For
Business Accounting And Finance For Non Specialists
ISBN: 9781861528728
1st Edition
Authors: Catherine Gowthorpe
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