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What is the average settiement period for trade receivables? A. 48days B. 61 days C. 40days D. 32days company nas tne tollowlng nnanclal Inlormatlon: Opening

What is the average settiement period for trade receivables? A. 48days B. 61 days C. 40days D. 32days

company nas tne tollowlng nnanclal Inlormatlon: Opening trade receivables E4m Cash sales E6m Credit sales E46m Cost of goods sold E30m Closing trade receivables E6m What is the average settlement period for trade receivables? 48days 61 days 40days 32days

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