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Bpp kit 2016/2017 Question 68
I don’t understand why the answer is calculating the turnover in days???
Shouldn’t it be turnover/accounts receivable? Similarly for inventory turnover?
You are correct about your understating of receivables turnover and inventory turnover, so they didn’t need to calculate in days.
However, the answer is correct (in that both statements are true) and how you show your workings is irrelevant because nobody looks at your workings.
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