According to corporate policy, the average age of trade receivables and trade payables should both be...

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According to corporate policy, the average age of trade receivables and trade payables should both be 10 days and 20 days, respectively. At 30th June 2022, the Exeter hotel had trade receivables of 20 days and 10 days for trade payables. Requirement: Section D of your report to the Exeter hotel manager. Evaluate and advise on the hotel's operating cash management. According to corporate policy, the average age of trade receivables and trade payables should both be 10 days and 20 days, respectively. At 30th June 2022, the Exeter hotel had trade receivables of 20 days and 10 days for trade payables. Requirement: Section D of your report to the Exeter hotel manager. Evaluate and advise on the hotel's operating cash management.