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Question 2 2 Not yet answered Flag questionQuestion textThe following information was taken from the books of ABC Ltd: 3 1 / 1 2 /
Question Not yet answered Flag questionQuestion textThe following information was taken from the books of ABC Ltd: RRInventoryPurchasesTrade and other payablesInvestmentsFurnitureVehiclesSalesCustoms and exciseBank Overdraft Trade and other receivables ADDITIONAL INFORMATION R interest was paid during while no interest was received. All purchases are on credit, and of the sales are for cash. Assume working days per annum.RequiredCalculate the Debtors collection period: marksQuestion Answera daysb daysc daysd days
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