F3 CBA – CREDIT TERMS!?!!

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July 9, 2015 at 11:19 am #260289
t2000becky
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So i had a question in my recent F3 (which i failed – Fail to prepare, prepare to fail!) and it had me flummoxed….
It gave me loads of financial info for Joe Bloggs, so purchases, bank balance, overdraft etc and then asked “what are the agreed credit terms for Joe Bloggs”
How am i supposed to work that out??
July 9, 2015 at 12:48 pm #260319
John Moffat
Keymaster
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In future, if you want me to answer then you must ask in the Ask the Tutor Forum. This forum is for students to help each other.
Without seeing the actual question, it seems that you were regard to calculate the receivables days.
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