13. The following information has been taken from Duncan's financial statements for the year-ended 31 December...

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13. The following information has been taken from Duncan's financial statements for the year-ended 31 December 2017: Duncan has inventory turnover of six times The year-end receivables collection period is 42 days Cost of sales for the year was K1,690,000 Credit purchases for the year were K2,150,000 Duncan's cash cycle at 31 December 2017 was 68days All calculations should be made to the nearest full day, and the trading year has 365 days. What is Duncan's trade payables collection period as at 31 December 2017? L 13. The following information has been taken from Duncan's financial statements for the year-ended 31 December 2017: Duncan has inventory turnover of six times The year-end receivables collection period is 42 days Cost of sales for the year was K1,690,000 Credit purchases for the year were K2,150,000 Duncan's cash cycle at 31 December 2017 was 68days All calculations should be made to the nearest full day, and the trading year has 365 days. What is Duncan's trade payables collection period as at 31 December 2017? L