A company has trade receivables in its year-end statement of financial position of £ XXXXXXXXXXRevenue for the year was £ XXXXXXXXXX; 70% of this figure was sales on credit. What is trade receivables...

A company has trade receivables in its year-end statement of financial position of £218 603. Revenue for the year was £1 703 698; 70% of this figure was sales on credit. What is trade receivables turnover (in days)?

a) 46.8 days


b) 32.7 days


c) 66.9 days


d) 18.3 days.




May 26, 2022
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