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A.Below is an extract from the Statement of Financial Position ofKreatif Sdn Bhd as at 31 March 2019.
QUESTION 2A.Below is an extract from the Statement of Financial Position of Kreatif Son Bhd as at31 March 2019.MaximumMinimumRMRMNon-current asset2,500,0002,500,000Bank580,000100,000Account Receivable255,00050,000Inventory350,00080,0003,685,0002,730,000Kreatif Son Bhd finances all non-current assets and half of permanent current assetswith long term funds and the balance with short term financing.a.State the amount of permanent assets and temporary assets.(3 marks)brisk and return.Explain the working capital policy applied by the firm and the implication of its(5 marks)
