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The Financial Records of Del Ltd Reveal the Following at 30

Question 10

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The financial records of Del Ltd reveal the following at 30 June 2016:
The financial records of Del Ltd reveal the following at 30 June 2016:   If Del Ltd reduces the number of days' sales in receivables to 37.5, what will be the new accounts receivable turnover? A)  6 times p.a. B)  9.7 times p.a. C)  12 times p.a. D)  8 times p.a.
If Del Ltd reduces the number of days' sales in receivables to 37.5, what will be the new accounts receivable turnover?


A) 6 times p.a.
B) 9.7 times p.a.
C) 12 times p.a.
D) 8 times p.a.

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