1. Calculate ABC Company's net working capital in 2016 and in 2017. (5 points) 2. Compute the cash conversion cycle and operating cycle for ABC Company for 2016 and 2017. A. Compute the inventory days using a 365-day year. (2 points) B. Compute accounts receivable days using a 365-day year. (2 points) C. Compute accounts payable days using a 365-day year. (2 points) D. Compute the cash conversion cycle for each year. (2 points) E. Compute the operating cycle for each year. (2 points) 3. ABC's suppliers offer terms of Net 30. Does it appear that ABC is doing a good job of managing its accounts payable in 2017? Why? (5 points) Please round off answers to 0 decimal places. Edit View Insert Format Tools Table v 12pt B I U A 12 D ES V 1. Calculate ABC Company's net working capital in 2016 and in 2017. (5 points) 2. Compute the cash conversion cycle and operating cycle for ABC Company for 2016 and 2017. A. Compute the inventory days using a 365-day year. (2 points) B. Compute accounts receivable days using a 365-day year. (2 points) C. Compute accounts payable days using a 365-day year. (2 points) D. Compute the cash conversion cycle for each year. (2 points) E. Compute the operating cycle for each year. (2 points) 3. ABC's suppliers offer terms of Net 30. Does it appear that ABC is doing a good job of managing its accounts payable in 2017? Why? (5 points) Please round off answers to 0 decimal places. Edit View Insert Format Tools Table v 12pt B I U A 12 D ES V