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Calculate the value of the trade receiveables

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OneWheel XR LTD is selling electric skateboards in Brussels for two years now, and it is a great success. OneWheel XR LTD is buying the skateboards from a production company (the supplier) for 798 EUR for 1 board. At the beginning of the year 2019 OneWheel XR LTD had 18 skateboards in stock, and during the year 2019 theu bought 197 and sold 199 skateboards at the sales price of 1,785 EUR. In general clients get 2 months credit to pay for their skateboards. 4 client bought a skateboard on credit in 2018 but only paid their skateboards in 2019. From the supplier (the production company) they have obtained 2 month credit. So we pay 2 month after we each purchase.

Problem 1: Calculate the value of the TRADE RECEIVEABLES in the financial statements tat the closing of the year 2019.

Reference no: EM132972204

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