HANCE FOR MANAGER.pdf 4 / 8 100% + QUESTION 3 (20 MARKS) Working capital management involves all aspects of the administration of current assets and current liabilities. It involves making the appropriate and suitable investments account receivables, inventories, cash and marketable securities. A. Discuss THREE (3) approaches of financing working capital. (12 marks) B. The following are the financial statement (extract) for Ray Enteprise: Statement of Comprehensive Income (Extract) for year ended 30 June 2020 RM RM Sales 650,000 (-) COST OF GOODS SOLD Opening Inventory ACCT 521... Microsoft... OFE ACCT5... 60,000 W Final exa... FINANCE FOR MANAGER.pdf (+) Purchases (-) Closing Inventory Gross Profit (+) Revenues ACCT5211/March2022 4/8 Dividend Received Rental Received ACCT 521... Microsoft... FE ACCTS... 100% + 286,400 (57,400) 27,998 16,000 289,000 361,000 43,998 W Final exa... Page E & (-) Expenses Administrative Expenses Selling Expenses 61 Financial Expenses Net Profit Statement of Financial Position (Extract) as at 30 June 2020 Non-Current Assets RM Building 70,000 Vehicle 20,000 Current Assets 64,240 47,180 50,888 (162,308) 242,690 RM 90,000 W Final exa... ANCE FOR MANAGER.pdf 5/8 100% + Statement of Financial Position (Extract) as at 30 June 2020 Non-Current Assets RM Building 70,000 Vehicle 20,000 Current Assets Cash 10,800 Bank 12,000 Closing Inventory 57,400 Receivables/debtors 132,000 ACCT5211/March2022 RM 90,000 212,200 Final exa Pa NCE FOR MANAGER.pdf 6/8 Current Liabilities Payables/creditor i) Calculate and comment Ray's cash conversion cycle. QUESTION 4 ACCT 521... Microsoft... FE ACCTS... 100% + 97,202 (8 marks) (CLO2:PLO8:C5) (20 MARKS) W Final exa... HANCE FOR MANAGER.pdf 4 / 8 100% + QUESTION 3 (20 MARKS) Working capital management involves all aspects of the administration of current assets and current liabilities. It involves making the appropriate and suitable investments account receivables, inventories, cash and marketable securities. A. Discuss THREE (3) approaches of financing working capital. (12 marks) B. The following are the financial statement (extract) for Ray Enteprise: Statement of Comprehensive Income (Extract) for year ended 30 June 2020 RM RM Sales 650,000 (-) COST OF GOODS SOLD Opening Inventory ACCT 521... Microsoft... OFE ACCT5... 60,000 W Final exa... FINANCE FOR MANAGER.pdf (+) Purchases (-) Closing Inventory Gross Profit (+) Revenues ACCT5211/March2022 4/8 Dividend Received Rental Received ACCT 521... Microsoft... FE ACCTS... 100% + 286,400 (57,400) 27,998 16,000 289,000 361,000 43,998 W Final exa... Page E & (-) Expenses Administrative Expenses Selling Expenses 61 Financial Expenses Net Profit Statement of Financial Position (Extract) as at 30 June 2020 Non-Current Assets RM Building 70,000 Vehicle 20,000 Current Assets 64,240 47,180 50,888 (162,308) 242,690 RM 90,000 W Final exa... ANCE FOR MANAGER.pdf 5/8 100% + Statement of Financial Position (Extract) as at 30 June 2020 Non-Current Assets RM Building 70,000 Vehicle 20,000 Current Assets Cash 10,800 Bank 12,000 Closing Inventory 57,400 Receivables/debtors 132,000 ACCT5211/March2022 RM 90,000 212,200 Final exa Pa NCE FOR MANAGER.pdf 6/8 Current Liabilities Payables/creditor i) Calculate and comment Ray's cash conversion cycle. QUESTION 4 ACCT 521... Microsoft... FE ACCTS... 100% + 97,202 (8 marks) (CLO2:PLO8:C5) (20 MARKS) W Final exa