Mbach3287 Mbach3287

10-06-2024
Business

Answered

KYC a newly incorporated company has an annual sales of AED. 1, 000, 000 for the year ended 31 December 2014. From the total sales AED. 450, 000 are cash sales. The receivable balance as at year end amounts to AED. 200, 000. What is the debtor turnover days - nearest days (based on the above calculation) ?
a. 133 days
b. 164 days
c. 237 days
d. Note of the above

Answer :

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