Samira provided the following information at the end of her first year of trading: The account of
Question:
Samira provided the following information at the end of her first year of trading:
The account of a customer to whom Samira sold goods on credit, $700, should be written off as an irrecoverable debt.
What was the trade receivables turnover?
A. 26 Days
B. 29 Days
C. 32 Days
D. 36 Days
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Step by Step Answer:
The trade receivables turnover can be calculated using the formula Trade rece...View the full answer
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