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What are the receivable days

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Reference no: EM132605976

Extracts from a company 'accounts show the following

Statement of profit or loss $000 statement of financial position $000 $000

Revenue 2,250                                     Non-current assets

Cost of sales 1,000                                     Current assets

Gross profit 1,250                               Inventory 150

Distribution costs 275                            Trade receivables 240

Administrations 150                                  Cash 100

Operating profit 825 490

Finance cost 80                                   Long term loans 200

Profit before tax 745                             Trade payables 275

Tax 90

Profit for the year 695

Required

Question 1) What is the gross profit margin?

Question 2) What is the return on sales?

Question 3) What is the current ratio?

Question 4) What are the receivable days?

Question 5) What are the payable days?

Question 6) What is the inventory turnover in days?

Reference no: EM132605976

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