Part 2: Short Case Study 1. The following company has the following data: BALANCE SHEET Beginning Inventory Ending Inventory Account Receivables Account Payables 25,000 18,000 6,500 10,500 INCOME STATEMENT Net Sales Revenue 120,000 Cost of Goods sold 70,000 Accordingly, calculate the Cash Gap and illustrate: 1) If the suppliers need to be paid after 40 days, is the company need a source of finance? If yes, the facilities needed to cover how many days? 2) How the company can cover the Gap? 3) What is the point of strength and weakness in the company operating cycle?