a) Vaganza Corporation has a current accounts receivable balance of RM340,648. Credit sales for the year just ended were RM5,500,222. How long did it take on average for credit customers to pay off their accounts during the past year? b) Use the following financial information to calculate the DuPont Identity. (4 marks) Accounts RM Sales 186,570 Cost of goods sold 15,600 Taxes 4,800 Net Income 35,051 Total asset 96,119 Total Liabilities 21,299 Total Equity 74,820 (6 marks) c) What is agency problem and identify means by which the firm can help reduce or eliminate that problem. (5 marks) Ad Go