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Apple Commuters Finance Assignment
COS 50% of sales 31164.50 32225.00 33250.00
debtors days 33 33 36
creditors days 15 16 17
FINANCIAL STATEMENTS
Notes to the financial statements
Revenue 2002 2001
Rand (000's) Rand (000's)
Cash Fares 31,451 34,113
Pre-Paid Fares 22,184 18,879
Service & Repairs 12,865 11,458
66,500