*NOTE THAT RESULTS WITH NO CALCULATIONS WILL NOT BE GRADED. 1. XYZ Company had net sales of 30 million TL in 2019 and cost of goods sold of 15 million TL. Total cash costs and expenses is 15,643,000 TL. A simplified balance sheet for the firm is as follows: (20 pts) LIABILITIES ASSETS Current Assets Cash and Bank Accounts Trade Receivables Inventories Total Current Assets Fixed Assets Tangible Assets (Net) Total Fixed Assets 2,280,000 1,720,000 4,000,000 Short-Term Liabilities 3,000,000 Bank Loans 4,050,000 Trade Payables 1,500,000 Total ST Liabilities 8,550,000 Long-Term Liabilities Bank Loans 8,700,000 Total Liabilities 8,700,000 Shareholders' Equity 3,150,000 7,150,000 10,100,000 TOTAL LIABILITIES AND 17,250,000 SHAREHOLDERS' EQUITY 17,250,000 TOTAL ASSETS a) Calculate the working capital of XYZ Company (2 pts) b) Calculate the net working capital of XYZ Company in 2019. (2 pts) c) Calculate the cash conversion cycle of XYZ Company in 2019 and comment. (10 pts) d) Show company's asset structure, capital structure and financial structure by percentages. (6 pts) Prisc F11 F12 F10 F8 F9 F5 F6 F7 *NOTE THAT RESULTS WITH NO CALCULATIONS WILL NOT BE GRADED. 1. XYZ Company had net sales of 30 million TL in 2019 and cost of goods sold of 15 million TL. Total cash costs and expenses is 15,643,000 TL. A simplified balance sheet for the firm is as follows: (20 pts) LIABILITIES ASSETS Current Assets Cash and Bank Accounts Trade Receivables Inventories Total Current Assets Fixed Assets Tangible Assets (Net) Total Fixed Assets 2,280,000 1,720,000 4,000,000 Short-Term Liabilities 3,000,000 Bank Loans 4,050,000 Trade Payables 1,500,000 Total ST Liabilities 8,550,000 Long-Term Liabilities Bank Loans 8,700,000 Total Liabilities 8,700,000 Shareholders' Equity 3,150,000 7,150,000 10,100,000 TOTAL LIABILITIES AND 17,250,000 SHAREHOLDERS' EQUITY 17,250,000 TOTAL ASSETS a) Calculate the working capital of XYZ Company (2 pts) b) Calculate the net working capital of XYZ Company in 2019. (2 pts) c) Calculate the cash conversion cycle of XYZ Company in 2019 and comment. (10 pts) d) Show company's asset structure, capital structure and financial structure by percentages. (6 pts) Prisc F11 F12 F10 F8 F9 F5 F6 F7