1) A networking company in our country is facing losses of millions of Malaysian Ringgit (MYR) due to the burden of their bad debts from customers who refused to settle the payment of their bills. Several notices and summon letter had been sent yet the customers are still ignoring them. Discuss to the company the way to solve this dilemma 2) Siraj company ventures in teakwood furniture business. It has an annual sales of RM250,000 per year. All sales were made on credit and the credit terms is 2/15 net 30. Based on previous experience, 60 per cent of the companys customers will take the discount and pay on the 15 th day. In the meantime, the other 40 per cent will make payments on the 30 th day. Assuming that there are 360 days in a year, calculate the total accounts receivable for Siraj Company.