# Edit E ABC Sdn Bhd is considering to improve its present performance of working capital management. Historical data for the firm's sales, account receivable, inventories and accounts payable are shown in Table Q4 (b). Table Q4 (b): Financial Information from ABC Sdn Bhd Year/ Financial Sales-Net Receivables-Total Accounts Payable Inventories-Total Cost of goods sold 2016 RM000 2,673 311 183 120 1300 2017 RM'000 3,375 438 347 193 1600 2018 RM'000 7,659 803 540 600 3000 Analyze: (i) Days of sales outstanding for each of the three years. (3 marks) (11) Days of sales in inventory for each of the three years. (3 marks) (iii) Cash conversion cycle for each of the three years. (3 marks) (iv) ABC Sdn Bhd overall present performance of working capital management. (6 marks)