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SENTINEL CO. question

AACCAanonymous6y ago
sir, For the point 10 debtors in excess of 60 days calculation I cannot understand how did you get the total debtor value for eg in case of D 15 mill/ 52[ I cannot understand from where this 52 came in] can you please explain the same.
kengarrettkengarrettTutor6y ago#1
There are 52 weeks in the year, so 15m/52 represents sales per week which represents the amount of receivables/debtors created per week.
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