Question: Just I need answer for A,B,C or D No need for explanation 47 46 II. : Question 14 3 pts The following case study is
Just I need answer for A,B,C or D No need for explanation

47 46 II. : Question 14 3 pts The following case study is associated with more than one question. The table below provides the income statement and balance sheet data for ITT PLC for the financial years ending in 2019 and 2020. INCOME STATEMENT OF IT RC 2009 2020 . 200C 30 ERO Le cost of coods GoPro Semerald Operating of gene Lotta Net Income ASSETS IND OF PROD 3030 2015 od BALANCE SLET AT YEAR END 1019 2010 TASKS END OF PERIOD L25nts on ED E. 2.000 2.500 7:00 vse Raw materiale wedd Total Total current LES 16.50e23.256 Langford C.000 CERDOT 4.00 Property, plante que ET 25.000 Common TO E420 TOTAL WARURES AND LOT 300 LS 2623 3.300 02 SO TOTAL ASSETS 4 4G lli. 1:11 24 Net 2030 1.500 ASSETS- END ORRIOD ca kontroll raw material worror Finished goods Total Inventory Tot current MALANGE BETAL WAR END 3019 2080IUTES END OF PRO ELS ET 0.000 2:00 000 E2.00 OV 1.000 2.500 E15.000 16.00 20.256 Total care 2200 9500 Property.plant and get LO CELSO common 100 16.00 3300 EM 27 TOTAL ASSETS Total 41.256 TOTAL WARUNISAREGLETY REQUIRED: Between the end of the 2019 and end of 2020 trading periods respectively, the cash conversion period in days of ITT PLC increased by: O 22.8 26.8 0 36.2 49.6 2020 130,000 97,500 32.500 E19,500 13,000 180 12.820 2,564 10.256 INCOME STATEMENT OF ITT PLC 2019 Sales 120,000 Cost of goods sold 96,000 Gross Profit 24,000 Selling general and admin expenses 9,600 Operating Profit 14,400 interest Expense 364 Earnings before tax 14.036 Tax 2.807 Net Income 11,229 BALANCE SHEET AT YEAR END ASSETS - END OF PERIOD 2019 2020 LIABILITIES - END OF PERIOD Cash 4,000 1,256 Accounts payable (Creditors) Accounts receivable (debtors) 3,000 7,000 Notes payable Raw materials 2,000 2,500 Work in progress 5,000 7,500 Finished goods 2.500 5,000 Total Inventory (stock) 9,500 15,000 Total current assets E16,500 23,256 Total current abilities Long-term debt Property, plant and equipment 18,000 18,000 Total liabilities Equity Common stock Retained earnings Total equity TOTAL ASSETS E34,500 41,256 TOTAL LABILITIES AND EQUITY 2019 E5,900 1.500 2020 7,000 ESCO E7 400 E7 600 15.000 7,500 4,000 11,500 3,500 16,000 E19.500 34,500 13,500 $26,256 E29,756 41,256
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