Exam (elaborations)
FAC1601 Assignment 4 Semester 1 2023 (367159)
- Institution
- University Of South Africa
FAC1601 Assignment 4 Semester 1 2023 ()
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FAC1601Assignment 4
Semester 1
2023
(367159)
WITH ANSWERS 100%
, lOMoARcPSD|24668432
FAC1601 ASSIGNMENT 4
PLEASE RUN THE ASSIGNMENT FOR AT LEAST AN HOUR SO THAT YOU ARE NOT FLAGGED FOR
POSSIBLE INFORMATION SHARING
Which of the following alternatives represents the correct trade receivables collec
a.
91.33
b.
54.80
c.
54.20
d.
54.00
e.
82.40
Trade receivables collection period:
� 㔴 ćăăÿąă ąăÿĂă ăăāăÿćÿĀý㥠56 150
x 365 = x 365 = 91,33 days
� 㔶 ăăĂÿą Ąÿý㥠224 400
64 500+47 800
Average trade receivables = = R56 150
2
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