2. Consider the following financial statement information for the Impian Rian Berhad: Beginning Ending Item...

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2. Consider the following financial statement information for the Impian Rian Berhad: Beginning Ending Item Account Receivable Inventory Account Payable Net Sales Cost of goods sold RM3,782 1,273 1,795 RM3,368 1,401 2,025 RM20,750 RM11,375 a) Compute the operating and cash cycles. (6 marks) b) If the firm wants stretch out its current bill payments to 65 days, determine the impact did this change in payable policy on the company's operating cycle and cash cycle? Explain. (4 marks) [Total: 10 marks]

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