0 Structured Activity Cash convence Cheston Corpore trying to determine the effect of its inventory burrower rate and day sales outstanding (90) Ovis catherine Chastan's 2016 a llore) 158000 of goods and 511060. It watever its inntory time during the end 31.5 days. The had teling 1000's we del period days. Ar days in year for your callation that has been collected in the Microsoft Online te bow Open the spreadsheet and for the words to the below Genre se stes cathode found your awr to the decimal places. De not und and calculation days Ang at holde meg ble amounts of cash and talable escalates totales turnow and O. Round your ato te decis. Done medtection GA Spoe Chat' managers below that the number can be do 2 mes. What they have been try to had bee-2 for 2016? Mund your bodecimal places. Do not rundt can Cashonch dara ROA Excel Online Structured Activity: Cash conversion cyde Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash conversion cyde. Chastain's 2016 sales (all on credit) were $158000; its cost of goods sold is 80% of sales; and it earned a net profit of 7%, or $11060. It turned over its inventory 7 times during the year, and its so was 31.5 days. The firm had freed assets totaling $46000. Chastain's payables deferral period is 40 days. Assume 365 days in year for your calculation. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below, X TH Open spreadsheet a. Calculate Chastain's cash conversion cycle. Round your answer to two decimal places. Do not round intermediate calculations days b. Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Do not found intermediate calculations. Total assets turnover ROA % -- Bad Open spreadsheet a. Calculate Chastain's cash conversion cycle. Round your answer to two decimal places. Do not round intermediate calculations. days b. Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Do not round intermediate calculations. Total assets turnover ROA c. Suppose Chastain's managers believe that the inventory turnover can be raised to 8.2 times. What would Chastain's cash conversion cyde, total assets turnover, and ROA have been if the inventory turnover had been 8.2 for 20167 Round your answers to two decimal places. Do not round intermediate calculations days Cash conversion cyde Total assets turnover ROA 26 0 Structured Activity Cash convence Cheston Corpore trying to determine the effect of its inventory burrower rate and day sales outstanding (90) Ovis catherine Chastan's 2016 a llore) 158000 of goods and 511060. It watever its inntory time during the end 31.5 days. The had teling 1000's we del period days. Ar days in year for your callation that has been collected in the Microsoft Online te bow Open the spreadsheet and for the words to the below Genre se stes cathode found your awr to the decimal places. De not und and calculation days Ang at holde meg ble amounts of cash and talable escalates totales turnow and O. Round your ato te decis. Done medtection GA Spoe Chat' managers below that the number can be do 2 mes. What they have been try to had bee-2 for 2016? Mund your bodecimal places. Do not rundt can Cashonch dara ROA Excel Online Structured Activity: Cash conversion cyde Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash conversion cyde. Chastain's 2016 sales (all on credit) were $158000; its cost of goods sold is 80% of sales; and it earned a net profit of 7%, or $11060. It turned over its inventory 7 times during the year, and its so was 31.5 days. The firm had freed assets totaling $46000. Chastain's payables deferral period is 40 days. Assume 365 days in year for your calculation. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below, X TH Open spreadsheet a. Calculate Chastain's cash conversion cycle. Round your answer to two decimal places. Do not round intermediate calculations days b. Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Do not found intermediate calculations. Total assets turnover ROA % -- Bad Open spreadsheet a. Calculate Chastain's cash conversion cycle. Round your answer to two decimal places. Do not round intermediate calculations. days b. Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Do not round intermediate calculations. Total assets turnover ROA c. Suppose Chastain's managers believe that the inventory turnover can be raised to 8.2 times. What would Chastain's cash conversion cyde, total assets turnover, and ROA have been if the inventory turnover had been 8.2 for 20167 Round your answers to two decimal places. Do not round intermediate calculations days Cash conversion cyde Total assets turnover ROA 26