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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › FM BPP-kit P277 Q8
I am sorry that I didn’t quite understand how the answer was out as there is only calculation in the standard answer without any explanation. Could you please explain it for me sir? Thank yo so much!!
The receivables days are currently 73 days. They are reducing it to 60 days and so the cost saving is the interest for the 13 days.
Right!! I GET IT!! thank you sir!
You re welcome.