Question 1\ You are given the following selected data for Syarikat Harum Manis Berhad (in RM'000):\ Additional information:\ Inventories for year 2021 were RM300,000.\ Depreciation for year 2023 were RM285,000; depreciation for year 2022 were RM203,000.\ Based on the given information, you are required to:\ a. Compute the following for year 2023 and year 2022 :\ i. Days sales in receivables\ ii. Days sales in inventory\ iii. Days purchases in payable\ iv. Net Trade Cycle (NTC)\ (2 Marks)\ (2 Marks)\ (4 Marks)\ (2 Marks)\ b. Based on your computation on NTC, comment on the working capital requirement of\ Syarikat Harum Manis Berhad.\ (4 Marks)\ (Total=14 Marks)

Question 1 You are given the following selected data for Syarikat Harum Manis Berhad (in RM'000): Year 2023 2022 Trade receivables 355 310 Trade payables 207 298 Sales 4,053 2,311 Cost of sales 2,780 1,344 Inventories 507 328 Total assets 7,157 7,380 Net income 146 363 Additional information: Inventories for year 2021 were RM300,000. Depreciation for year 2023 were RM285,000; depreciation for year 2022 were RM203,000. Based on the given information, you are required to: a. Compute the following for year 2023 and year 2022: i. Days sales in receivables ii. Days sales in inventory iii. Days purchases in payable iv. Net Trade Cycle (NTC) (2 Marks) (2 Marks) (4 Marks) (2 Marks) b. Based on your computation on NTC, comment on the working capital requirement of Syarikat Harum Manis Berhad. (4 Marks) (Total=14 Marks)