Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

Jimmy recorded credit sales of $98550$ in both $2021$ and $2022$. In $2022$, his trade receivables turnover period was precisely two days less than in $2021$. By how much did his total trade receivables change in $2022$?

  • A$135$ decrease
  • B$135$ increase
  • C$540$ decrease
  • D$540$ increase

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