AB has been asked to analyze the receivables days of an entity with a view...

The entity has increased turnover for year ended 31 December 20X2 by offering extended credit terms.

The entity has made substantial sales to overseas entities in the last few months of the year ended 31 December 20X2.

The entity has transferred all receivables collections to a factoring agency during 20X2.

An inexperienced credit controller was employed in the last few months of year ended 31 December and requires substantial training.