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FAC1601 Assignment 4 Semester 1 2023 (367159)

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Institution: University of South Africa (Unisa)
Course: FAC1601 - Financial Accounting And Reporting (FAC1601)

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Uploaded on: May 29, 2023
Number of pages: 14
Written in: 2022/2023
Type: Exam (elaborations)
Contains: Questions & answers

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fac1601 assignment 4
fac1601 assignment
fac1601
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fac1601 assignment 4 semester 1 2023 367159
fac1601 assignment 4 semester 1 2023
fac1601 assignment 4 semester 1

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FAC1601
Assignment
4 Semester
1 2023
(367159)
WITH CORRECT
ANSWERS

, 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 ăăāăÿćÿĀýăĄ 56 150
x 365 = x 365 = 91,33 days
� 㔶 ăăĂÿą ĄÿýăĄ 224 400

64 500+47 800
Average trade receivables = = R56 150
2

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FAC1601 Assignment 4 Semester 1 2023 (367159)

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