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As an assistant financial manager for Taring Jitu Sdn Bhd , you are required to measure the firm s cash conversion cycle, operating cycle, production
As an assistant financial manager for Taring Jitu Sdn Bhd you are required to measure the firms cash conversion cycle, operating cycle, production cycle, collection cycle, and payment cycle on one of your manufacturing products. The Board of Director will rely on your result to help them to make a decision. Below is the necessary information for the most recent fiscal year prepared by your accountant and puts together into table:
Cash salesRM
Credit salesRM
Total salesRM
Cost of goods soldRM
Ending Balance Beginning Balance
Accounts receivable RM RM
Inventory RM RM
Accounts payable RM RM
By using above data, measure the cash conversion cycle.
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