Multiple Choice
The following information is available for Katherine Ng Products for the 20X1 financial year: £ Average trade creditors 98 400 Purchases 723 675 Cost of sales 662 450 Turnover 847 220 Average stock 86 240 What is the creditors' turnover period in days (to one decimal place) ?
A) 50.2 days
B) 34.2 days
C) 49.6 days
D) 45.7 days
Correct Answer:
Verified
Correct Answer:
Verified
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