Please Help me
materials to be used in the construction of residential and commercial buildings in the GCC region. You work as an analyst in the finance department for the Bravo Corporation. The company has been listed on the Abu Dhabi Stock Exchange (ADX) since 27 July 2010. The business operates in the Basic Materials sector and is involved with the discovery, development and processing of raw Question 4 5 points Chapter 4 . This week, you have received a request from the free lance manager to assess its liquidity and cash position. You have access to the following financial statement information for the company: 2020 2021 Income Statement Sales Cost of goods sold Gross profit Fixed expenses Depreciation EBIT 12.00 6,100 (3,100 11.600) 1.400 8.900 2500 5.400 (2.100) (1.600) 1.700 2020 2021 740 630 650 320 Balance Sheet Cash Accounts receivable Inventory Land and buildings Machinery Other fixed assets TOTAL ASSETS Accounts payable Notes payable Long-term debt Common stock Retained earnings TOTAL LIABILITIES & EQUITY 900 2,200 1.220 1410 2.100 710 2,600 1,700 520 6.500 1,400 890 910 1,800 950 1,200 1,450 1,900 1600 7.100 1.500 6.500 a. Calculate the number of the company's days in receivables outstanding In Year 2021. if the average industry number of days in receivables outstanding is 20, explain whether the company is doing better or worse than the industry. Why yes or why not? Explain your answer. What is your recommendation to the company's management? (1 point) b. Calculate the number of the company's days in inventory outstanding in Year 2021. the average industry number of days in Inventory outstanding is 80, explain whether the company is doing better or worse than the industry. Why yes or why not? Explain your answer. What is your recommendation to the company's management? (1 point) c. Calculate the number of the company's days in payables outstanding in Year 2021, of the average industry number of days in payables outstanding is 120, explain whether the company is doing better or worse than the industry. Why yes or why not? Explain your answer. What is your recommendation to the company's management? (1 point) d. Determine whether the Bravo Corporation needs to borrow money to finance their business in Year 2021. Support your answer with both an explanation and calculations. (2 points)