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The following is the available information on Firm TYU8: Cost of goods sold = RM75,000 Payables = RM5,000 The firm's payable deferral period is [

The following is the available information on Firm TYU8:

Cost of goods sold = RM75,000

Payables = RM5,000

The firm's payable deferral period is [ __ ]

The firm plans to set the payable deferral period to 30 days and manage to achieve the plan. The new level of payables would be RM [ __ ]

(Do not include a comma in your answer. The final answer should be rounded off to 2 decimal points).

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