the cost of sales is not provided

Question 1: (9 marks) The following table presents the financial information of a software company 'DeskPro' in 2020: a) Construct DeskPro's balance sheet for the year 2020. (3 marks) b) The company's sales (all sales are credit sales) and cost of sales for the year 2020 are $2,400,000 anc respectively. Calculate cash conversion cycle of the company and interpret the result. (2 marks) c) Due to a violation of the debt covenants, DeskPro is obligated to pay its creditors all its liabilities ver: market value of the shareholders' equity if the company's total assets have a market value of $2,100,00 market value of total assets equals $1,050,000 ? Can market value of equity be negative and why? ( 2m d) If you observe a drop in ROA of the company, does it necessarily mean a deterioration in the compa health? Explain why. (2 marks) Question 1: (9 marks) The following table presents the financial information of a software company 'DeskPro' in 2020: a) Construct DeskPro's balance sheet for the year 2020. (3 marks) b) The company's sales (all sales are credit sales) and cost of sales for the year 2020 are $2,400,000 anc respectively. Calculate cash conversion cycle of the company and interpret the result. (2 marks) c) Due to a violation of the debt covenants, DeskPro is obligated to pay its creditors all its liabilities ver: market value of the shareholders' equity if the company's total assets have a market value of $2,100,00 market value of total assets equals $1,050,000 ? Can market value of equity be negative and why? ( 2m d) If you observe a drop in ROA of the company, does it necessarily mean a deterioration in the compa health? Explain why. (2 marks)