Sharp Sail Ltd. (SSL) is a manufacturer of medium-sized sails, which the company sells them through its own outlets. The company operates as a private limited company and is owned by the Sharp family. SSL is recognized mainly for its superior attention to detail and quality, earning the firm a strong reputation within the sail manufacturing industry. The Chief Executive Officer (CEO), Samantha, was trained as a professional sailor. After she retired from her professional sailing career, she took on the role as the CEO in her family business. With new ideas, Samantha wants to develop the business further through a product development strategy by opening a sailing training center that uses the sails exclusively manufactured by SSL. To support this strategy. she needs to acquire a bank loan of $2 million. Samantha needs to assess the efficiency of SSL Her Chief Finance Officer (CFO) has provided the following financial information (all figures in millions of USS, except for the debtor days ratios): Debtor days ratio Sales revenue Gross profit Cash 2019 59.84 days 19.52 5.62 8 3.2 2.85 2.8 3.1 2020 49.55 days 22.10 4.92 10.5 3 1.89 2.2 2.9 Debtor Average stock (inventory) Creditors Short-term loans (debts) (a) Calculate the stock tumover ratio for SSL (in days) in 2019. (b) Calculate the stock turnover ratio for SSL (in times) in 2019. (c) Calculate the change in stock turnover ratio for SSL (in days) from 2019 to 2020 (show all your working). (d) Comment on the change in debtor days ratio for SSL from 2019 to 2020. (e) Calculate the creditor days ratio for SSL in 2019.