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Exam (elaborations) FAC1601-Financial Accounting

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FAC1601-Financial Accounting

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FAC1601-Financial Accounting
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FAC1601-Financial Accounting
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Uploaded on
September 30, 2024
Number of pages
14
Written in
2024/2025
Type
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  • accounting

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FAC1601 – EXAM PACK
2024
QUESTIONS & ANSWERS
FOR FURTHER ASSISTANCE CONTACT:


, lOMoARcPSD|47080728




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 collection period of Njengabo

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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