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Ainul's Business Had the Following Trade Receivables and Trade Payables

Question 5

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Ainul's business had the following trade receivables and trade payables at 31 March 20X6: Ainul's business had the following trade receivables and trade payables at 31 March 20X6:   Total assets in 20X6 were £385 520 (20X5 - £387 772) . Which of the following statements are correct? A.Trade receivables as a percentage of total assets have decreased between 20X5 and 20X6. B.Trade payables as a percentage of total assets have decreased between 20X5 and 20X6. Applying vertical analysis: A) Neither of them B) Both of them C) A only D) B only Total assets in 20X6 were £385 520 (20X5 - £387 772) .
Which of the following statements are correct?
A.Trade receivables as a percentage of total assets have decreased between 20X5 and 20X6.
B.Trade payables as a percentage of total assets have decreased between 20X5 and 20X6.
Applying vertical analysis:


A) Neither of them
B) Both of them
C) A only
D) B only

Correct Answer:

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