We will look at how a firm manages its trade receivables

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We will look at how a firm manages its trade receivables and trade payables with the following extract from the financial statements of a company:

 


2010

2011

 


£

£

Sales

225,000

310,000

Purchases

140,000

195,000

Trade receivables

18,500

38,000

Trade payables

12,400

13,200

Reference no: EM13567805

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