QUESTION 420 MARKS) Assume that Covidabravo Sdn Bhd is a large merchandising wholesale business operating in Malaysia. The company is affected by the Covid. 19 pandemic Hence the management has called for ideas on potential tegies recommendation to overcome potential negative impact of the pandemic en profitability and solvency of the company As one of the bright new management executives you are saper to present you recommendation in the next coming online management meeting. To do that you need to show me akullised on your financial statements that support you recommendations. You need your study of financial statements on the company's statement of profit or low and other comprehensive income The statement of profit or loss and other comprehensive income for Cavidabrave Sdn. Bhd of selected prior years is presented below Caridabro Sdn. ed. Statement of Pretor Les and Other Comprese Income Year Faded 1 ember 2013 2019 RM (000) RM) 3060 Cost of merchandiseweld 15251 Gospel 141 Sales pense 3201 30 3735 al selling and expense 10. Interest expense 9 come teme 163 SI Netice 31160 RM (0) To Below is the excerpt of Cavidabravo Sdn. Bhd's statement of financial positions desta RM 008) RIO 2.319 3.341 Current Cash and equivalents Short-term investments Accounts receivable net) Ini Prepaid expenses and other current Total current Property, plant and equipment Intangibles 4339 1 LAN 1.530 WP4 2011 The following is additional information in thousand related to the company RM Accounts receivable at 31 December 2017 3117 Merchandise inventories at 31 December 2017 Totalt at 31 December 2017 IR 304 Accounts payable 31 December 2017 2.131 Total current liabilities at December 2017 Stockholders' equityt 1 December 2017 12.000 REQUIRED () Desemine the following measures for the fiscal years ended 31 December 2013 and 2018. Round ratios and percentages on decimal place (1) Acciable rever Number of days sales in relaties (v) Number of day sales i inventary Ratio of sales to (10 Mark b) Whatcom can be down from each of the analysis done in pa (5 Marke c) Biec your win part, comend TWO potential strategies that can be used maintain or improve the efficiency of inventary, sales and accounts receivables management to minimise the impact of Covid-19 pandemie on its paatiluhilay and at thaan