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h) To determine average accounts receivable at the end of the financial year, Brama has the following data (assume that the year has 360 days
h) To determine average accounts receivable at the end of the financial year, Brama has the following data (assume that the year has 360 days and that the credit period is 20 days). Budgeted income from sales to customers: SEK 600,000. Sales revenue for the financial year: SEK 590,000. Budgeted payments from customers: SEK 610,000. Answer the following: Average accounts receivable, according to this basis, at the end of the financial year amounts to (round off, where applicable, to entire kronor, ie no pennies) SEK.
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