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Calculate and comment AAs cash conversion cycle begin{tabular}{|l|r|r|r|} hline & (RM) & (RM) & multicolumn{1}{|c|}{ (RM) } hline Sales & & & 140,000

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Calculate and comment AAs cash conversion cycle

\begin{tabular}{|l|r|r|r|} \hline & (RM) & (RM) & \multicolumn{1}{|c|}{ (RM) } \\ \hline Sales & & & 140,000 \\ \hline Opening stock & & & \\ \hline purchases & 36,400 & & \\ \hline Carriage inwards & 70,000 & & \\ \hline Coast of goods available of sales & 1521 & & \\ \hline less closing stock & & (19,400) & \\ \hline & & & 88,521 \\ \hline gross profit & & & 51,479 \\ \hline & & & \\ \hline Other revenue & & & 5,000 \\ \hline & & & 56,479 \\ \hline Operating Expenses & & & 49,150 \\ \hline Net profit & & 7,329 \\ \hline \end{tabular} Statement Financial Position (Extract) as at 31 December 2021

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