The following is an extract from Telstra's 2014 financial statements (Note 10(a)). 1. Calculate the percentages used
Question:
The following is an extract from Telstra's 2014 financial statements (Note 10(a)).
1. Calculate the percentages used by Telstra in 2013 and 2014.
2. Comment on how the percentages have changed between 2013 and 2014.
Transcribed Image Text:
Telstra Group As at 30 June 2014 2013 Gross Allowance Gross Allowance Sm $m Sm $m Not past due 2297 (25) 2817 (13) Past due 0-30 days 631 (12) 598 (32) Past due 31-60 days 135 (8) 176 (16) Past due 61-90 days 62 (12) 72 (16) Past due 91-120 days 49 (10) 49 (14) Past 120 days 93 (53) 124 (89) 3267 [120) 3836 (180)
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Financial Accounting An Integrated Approach
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Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson
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