Required: (a) Calculate a selection of ratios reflecting Cool's performance, profitability, efficiency, working capital management, liquidity, and long-term solvency in 2016 and 2017 that will help you to understand and explain how well it has done recently. (b) Calculate Cool's cash conversion cycle as at the end of each of 2016 and 2017. (c) Based on your analysis in parts (a) and (b), comment on what you can conclude about the company's recent performance and suggest any further information that would be helpful in order to evaluate the state of its business