9.30 A company has trade receivables in its year-end statement of financial position of 218,603. Revenue for
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9.30 A company has trade receivables in its year-end statement of financial position of £218,603. Revenue for the year was £1,703,698; 70% of this figure was sales on credit.
What is trade receivables turnover (in days)?
a) 46.8 days
b) 32.7 days
c) 66.9 days
d) 18.3 days
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