Question 3 Soalan 31 (a) The following are Statement of Financial Position and Statement of Comprehensive Income of Lala Electronics Sdn. Bhd. Berikut adalah Penyata Kedudukan Kewangan dan Penyata Keseluruhan Pendapatan bagi Lala Electronics Sdn. Bhd. Table 3: Statement of Financial Position and Statement of Comprehensive Income of Lala Electronics Sdn. Bhd. Jadual 3. Penyata Kedudukan Kewangan dan Penyata Keseluruhan Pendapatan bagi Lala Electronics Sdn. Bhd Lala Electronics Sdn. Bhd. Statement of Financial Position as at 31/12/2020 Non-Current Asset: RM RM Investment 270,000 Fixed Assets at cost 1,596,000 Accumulated Depreciation (857,000) Net Book Value 739,000 Current Asset: Cash Account Receivable Inventory Prepaid Expenses 178,000 678,000 1.329,000 56,000 2.241.000 3.250,000 Total assets Current Liabilities: Account Payable Interest Payable Income Taxes Payable Other Accrued Liabilities Total Current Liabilities Long Term Liabilities: Bank Loan Total Liabilities 148,000 36,000 448,000 191,000 823,000 631,000 1,454,000 Equity: Capital Appropriate Profit (Retained Earnings) 782,000 1,014,000 1.796,000 3,250,000 Lala Electronics Sdn. Bhd. Statement of Comprehensive Income for the year ended 31/12/2020 RM RM Sales 3,992,000 - COGS (2,680,000) Gross Profit 1,312,000 (-) Selling, General and Administrative expenses (912.000) EBIT 400,000 (-) Interest Expense (85,000) EBT 315,000 (-) Income Taxes (114,000) Earnings after Taxes 201.000 (1) Calculate the cash conversion cycle for Lala Electronics Sdn. Bhd. [Kirakan kitaran penukaran sunat untuk Lala Electronics Sdn. Bhd. (6 Marks/ Markah) (11) Based on the answer in (1) above, justify your answer. Berdasarkan jawapan de () di atas, justifikasikan jawapan anda. (4 Marks/ Markah)