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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).
Any expert can help me solve this ques ?
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