A. Calculate the Creditor's (Payable) Day Ratios (kindly round the answer to a whole day) and make appropriate commentary on Polycom's efficiency.

B. Explain why Polycom would want to investigate its liquidity with the Acid Test Ratio (after it has already done ascertained it liquidity with the Current Ratio)

Year SALES PURCHASES CURRENT ASSETS Stock (Inventory) Debtors Cash and Bank CURRENT LIABILITIES Bank Loan Creditors Bank Overdraft 2014 1 +100.000 900.000 26,000 100, 000 13,000 T5000 30.000 2013 1,418,000 1.100.000 25, 000 1 22,. 000 10,000 4?,000 45,000 2012 1.352.000 999.000 33, 000 1 05, 000 30.000 45.000 22.000 2011 1,210,000 050.000 51,000 07,000 9,000 00,000 52.000