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Question 2 [CLO 5] (7 Marks) (a) Calculate account receivable turnover ratio for the company and also comment on the collection policy of the

Question 2 [CLO 5] (7 Marks) (a) Calculate account receivable turnover ratio for the company and also comment on the collection policy of the company for 2015, 2016 and 2017. (4 Marks) (b) Bank reconciliation is considered as a basic element of cash control. Specifically with respect to the selected company, identify the items that cause the cash balance per bank and the cash balance per book to differ. (3 Marks)

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