AC1025 A company has a gross profit ratio of 30%. The trade receivables collection period for the company: Principles of Accounting Assignment, SIM, Singapore
Question 4 A company has a gross profit ratio of 30%. The trade receivables collection period for the company has been calculated at 62 days. If the actual gross profit earned was £360,000, what were the trade receivables? Question 5…
January 27th, 2024
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AC1025 SIM
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