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DIPLOMA July - December Botswana Open University Total sales Cash sales Credit sales Year-end receivables Bad debts Sessional Structured Timed Assessment BBF621 Business Finance [10

DIPLOMA July - December Botswana Open University Total sales Cash sales Credit sales Year-end receivables Bad debts Sessional Structured Timed Assessment BBF621 Business Finance [10 MARKS] SECTION A-MULTIPLE CHOICE QUESTIONS Answer all questions. Each question carries TWO (2) mark. Choose the best alternative answer. 1. The following figures have been extracted from the accounts of Tshimo Pty (ltd) What is the average debt collection period in days (based on 365 days per year) A. 50.7 B. 60.8 C. 54.8 D. 45.6 BWP 200,000 20,000 180,000 25,000 5,000

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