• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

GRAFFOFF

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › GRAFFOFF

  • This topic has 2 replies, 2 voices, and was last updated 5 years ago by msk29.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • August 4, 2020 at 7:58 pm #579262
    msk29
    Member
    • Topics: 82
    • Replies: 65
    • ☆☆

    Hello Sir!

    My query is from Kaplan revision kit: Graffoff part (c).

    I do not understand, how the examiner arrived at the figures of $128,500 (if receivable days are reduced to 30 days) and $84,500 (if receivable days are reduced to 40 days)?

    And also how did the examiner arrive at the figure of $75,500 if payable days are increased to 40 days.

    I would highly appreciate your quick response on this matter.

    Thank you in advance.

    August 5, 2020 at 9:59 am #579322
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10606
    • ☆☆☆☆☆

    Sales per day = 1600/365 = 4.3836

    If collection period falls from 59.31 to 30, 29.31 days of sales will be received earlier.

    4.3836 x 29.31 = 128.5

    Other figures similarly calculated.

    August 5, 2020 at 7:11 pm #579369
    msk29
    Member
    • Topics: 82
    • Replies: 65
    • ☆☆

    Your concept is well understood.

    Thank you very much.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘GRAFFOFF’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Teti on Groups – Other points – ACCA SBR
  • respectngwenya@yahoo.com on CIMA BA2 Cost Classification and Behaviour
  • Aadhi69 on Basic group structures – Basic consolidation example – ACCA (SBR) lectures
  • Aadhi69 on Basic group structures – Introduction – ACCA Strategic Business Reporting (SBR) lectures
  • mrjonbain on MA Chapter 5 Questions Ordering and Accounting for Inventory

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in