For the current year, the average settlement period for trade receivables at Arkle plc was 60 days.
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For the current year, the average settlement period for trade receivables at Arkle plc was 60 days. This figure is much higher than in previous years. What factors may have contributed to this change of ratio?
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A significant increase in the average settlement period for trade receivables at Arkle plc from previous years could be influenced by several factors ...View the full answer
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Deepak Sharma
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Financial Accounting For Decision Makers
ISBN: 9781292251257
9th Edition
Authors: Peter Atrill, Eddie McLaney
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