Please answer this question 2

QUESTION 2(a) Berjaya Berhad has the following cash planning for 2020: Purchase of raw materials is done on 1st March and the payment will be done in 35 days On May 1st, the goods will be sold with the credit term of 5/10, net 50. The customer will normally pay at the end of the credit term The annual outlay for Berjaya is RM 4,000,000 Find its cash conversion cycle and the minimum cash balance. (8 marks) QUESTION 2(b) Syarikat Adil collects its accounts receivables in 60 days after credit sales are made. It pays accounts payable in 30 days after credit purchases. The firm's cost of goods sold is RM250,000 and RM30,000 closing inventory. i. Compute the firm's cash conversion cycle. (5 marks) ii. Should the company switch to new supplier if it is able to extend its payment period to 40 days