QUESTION $3$ a$)$ What is Human Resource Planning and explain its purposes? b$)$ Discuss the four stages of planning $(15$ marks$)(10$ marks$)$BAFB$3013$ Financial Management $(1).$pdf

Extract from the recent financial statements of Gerhana Berhad are shown below. Income statement as at ${31}^2$ December $2023$

$\backslash$table$[[,\backslash$table$[[2023],[(50000)]],\backslash$table$[[2022],[($$$000)]]],[$Sales$,31200,22000],[$Cost of Sales,$18600,13200],[$Gross Profit,$12600,9000],[\backslash$table$[[$Administration$],[$expenses$]],2000,1500],[$EBIT$,10600,7500],[$Interest$,200,30],[$Earning before Tax,$10400,7470]]$

$\backslash$table$[[(1),2023,2022],[$$$000,$$$5000,$$$000,$$$000],[$Fixed asset,,$11,500,,10\mathrm{.}800],[$Current Assets:,,,,$],[$Inventory$,6000,,2600,],[\backslash$table$[[$Account$],[$Recelvable$]],7600,,3700,],[$Cash$,240,13,840,1800,8,100],[$Total Assots,,$25\mathrm{.}340,,18,900],[,,,,],[$Account Payable,$5740,,3200,],[$Overdraft bank,$2000,,300,],[$Total Liabilities,,$7740,,3500]]$

All sales purchases were on credit Gerhana Berhad has no longtern debt.

a$.$ Calculate the operating cycle and the cash conversion cycle of Gerhana Berhad for the year $2023$ and $2024.$

$(14$ Marks$)$

b$.$ Discuss the four stages of accounts recoivable life cycle.

$(12$ Marks$)$

c$.$ Float is the delay between when funds are sent by a payer to a payee. It is important to reduce float. State FOUR $(4)$ types of floats.

$(4$ Marks$)$

$($Total: $30$ Marks$)$