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Creditors' Turnover: Advanced 2For fun, we could work backwards (we could call it reverse engineering!) to find the amounts invoiced by supplies based on the 53 days we are given by the business couldn't we? This will help us to reconcile the value of 53 days that we see in the annual report and accounts. Go on, then, have a go! OK, here's the first bit of the first one to start you off:
Finish it off now! Did you get this? ... how do you interpret this result? Section Index | Previous | Next | Next Section | Section Map |