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The Following Information Is from the Annual Report of Thunderstruck

Question 21

Multiple Choice

The following information is from the annual report of Thunderstruck Ltd:
Statement of financial position of Thunderstruck Ltd as at 31 December 201X
The following information is from the annual report of Thunderstruck Ltd: Statement of financial position of Thunderstruck Ltd as at 31 December 201X Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X \begin{array} { l r } \text { Revenue } & 250 \\ \text { Gross profit } & 75 \\ \text { Operating profit } & 45 \\ \text { Profit for the period } & 25 \end{array} From the information provide above,calculate the debtors (trade receivables) ratio A) 6.25 days B) 58.4 days C) 65.7 days D) 16 days
Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X
 Revenue 250 Gross profit 75 Operating profit 45 Profit for the period 25\begin{array} { l r } \text { Revenue } & 250 \\\text { Gross profit } & 75 \\\text { Operating profit } & 45 \\\text { Profit for the period } & 25\end{array}
From the information provide above,calculate the debtors (trade receivables) ratio


A) 6.25 days
B) 58.4 days
C) 65.7 days
D) 16 days

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