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Year 1 opening balances: Inventory R5,000 Receivables R3,000 Payables R5,000 Cash R0.00 Question 1 Assess Bethany Furnss financial health as it relates to its cash

Year 1 opening balances: Inventory R5,000 Receivables R3,000 Payables R5,000 Cash R0.00 Question 1 Assess Bethany Furnss financial health as it relates to its cash flow. Calculate and interpret the operating cash flow ratio, cash flow coverage ratio, years to cover ratio, inventory days, receivable days, payable days, and cash conversion cycle (CCC). Does the business have enough cash flow to meet its short-term obligations? Why do you think so? (Max. 450 words) Start writing here: Question 2 Consider Bethany Furnss CCC. If the company wanted to reduce its CCC, what would you suggest it does? Why do you suggest this? (Max. 250 words) Start writing here

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