Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

The sales for a company over a 365-day year are listed below: cash sales: $179580$ credit sales: $927100$ total sales: $1106680$ The trade receivables turnover stood at $42$ days. What was the amount of trade receivables at the end of the year?

A$20664$
B$22074$
C$106680$
D$127344$

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