Your answers are saved automatically Remaining Time: 32 minutes, 32 seconds. Question Completion Status: Moving to the next question prevents changes to this answet Question 2 Karabo Business Consultants (KBC) asks its credit customers to pay by the end of the month after the month of deliver take longer to pay on average 70 days Sales revenue amounts to R1 500 000 per year and bad debts to R500 000 per offer customers a cash discount of 2% for payment within 30 days KBC estimates that 35% of customers will accept the will still only pay at 70 days after sales Determine the Reduction in Trade Receivables R R Existing level of trade receivables New level of trade receivables (70 days) New level of trade recevables 130 days Trade receivables reduction @ 10 search E RT Your answers are saved automatically Remaining Time: 32 minutes, 32 seconds. Question Completion Status: Moving to the next question prevents changes to this answet Question 2 Karabo Business Consultants (KBC) asks its credit customers to pay by the end of the month after the month of deliver take longer to pay on average 70 days Sales revenue amounts to R1 500 000 per year and bad debts to R500 000 per offer customers a cash discount of 2% for payment within 30 days KBC estimates that 35% of customers will accept the will still only pay at 70 days after sales Determine the Reduction in Trade Receivables R R Existing level of trade receivables New level of trade receivables (70 days) New level of trade recevables 130 days Trade receivables reduction @ 10 search E RT