(a) Based on the following financial data below, calculate cash conversion cycle for Megah Inc:...
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Finance
(a) Based on the following financial data below, calculate cash conversion cycle for Megah Inc: Sales Cost of sales Stock Account receivable Account payable RM50,000,000 RM20,000,000 RM 2,000,000 RM 1,600,000 RM 800,000 (7 marks) (b) Explain THREE (3) variables in credit policy
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