Home For AAT student members AQ 2016 Professional Diploma in Accounting Cash and Treasury Management
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


AAT Cash & Treasury Management Exam - Calculating Trade Receivable and Trade Payable Amounts

Christian HillChristian Hill Just JoinedRegistered Posts: 3
Hi

Please can somebody kindly tell me the formula for calculating the Trade Receivable and Trade Payable amounts rather than the days for these?
I failed my first attempt on CTRM by 4% in August which was so frustrating as I really thought I had done enough, however I have my resit for it this coming Tuesday so hopefully second time lucky!
One of the questions I know I got wrong in the exam was where the number of Trade Receivable and Trade Payable days were provided and you were asked to calculate the amounts for these but I honestly did not have a clue of the formula to answer this correctly!
Any advice for this would be greatly appreciated and would be a great help in time for my exam resit on Tuesday!

Cheers

Christian
Sign In or Register to comment.