question 1 help me

X Answer ALL questions. "swered arked out of 0.00 Question 1 (20 marks) (a) Calculate and report the following balance sheet for the Roda-roda Company using the following information: Time left 3:43:51 = Debt to assets Quick ratio Asset turnover Fixed asset turnover Current ratio Average collection period 60 percent 1.1 5x 12.037x 2 16.837 days Cash Account Receivables Inventory Total Current Assets Plant and Equipment Total Assets Current Liabilities Bonds Payable Total Liabilities Total Equity Total Liabilities & Equity RM325.000 Assume all sales are on credit, and data are based upon a 360-day year [15 marks] (b) Adudu's Fishing Products is analyzing the performance of its cash management On average, the firm holds inventory for 65 days pays its suppliers in 35 days. and collects its receivables in 15 days. The firm has a current annual outlay of RM1,960,000 on operating cycle investments. Adudu currently pays 10 percent for its financing (Assume a 360-day year) (0) Calculate the firm's cash conversion cycle [15 marks] (ii) Calculate the firm's operating cycle [1.5 marks) (ii) Calculate and analyze the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days [2 marks]