Explain how to solve

You are required to:

i$.$ Select THREE$(3)$ companies in different industries, listed under Bursa Malaysia, and make sure each company that you choose used different policies. Download any financial statement that is relevant for you for this assignment.

ii$.$ For each of the company, please identify the following:

Permanent Asset

Temporary Current Asset

Permanent Sources of financing

Temporary Sources of financing

Spontaneuos Sources of financing

iii. From the statements, justify your answer on working capital financing policies adopted by each company. Explain.

iv$.$ Assess for each of the companies's:

a$)$ Operating cycle.

b$)$ Cash conversion cycle.

c$)$ Annual savings if the operating cycle is reduced by $10$ days.