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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › SENTINEL CO. question
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.
There are 52 weeks in the year, so 15m/52 represents sales per week which represents the amount of receivables/debtors created per week.
