Question: (b) Given the following information, calculate whether SunLight is facing cash build or cahs burn. How many months of cash that SunLight can survive? Information

(b) Given the following information, calculate
(b) Given the following information, calculate whether SunLight is facing cash build or cahs burn. How many months of cash that SunLight can survive? Information for SunLight corporation is presented below. Increase in account receivable =RM43,000 Increase in inventories = RM53,000 Increase in account payables =RM15,000 Continued... Page 1 of 2 Increse in accrued liabiltiites = RM13,000 Increase in gross fixed assets = RM90,000 Increase in bank loan = RM7,000 Increse in common stock = RM35,000 Cash dividends paid = RM20,000 Net Income = RM70,000 Depreciation = RM30,000 Cash = RM20,000 (12 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!