1. The cash conversion cycle (net days of working capital) for the year ended 1/31/2020 equals

A. 29.5 days

B. 45.3 days

C. 51.9 days

D. 155.1 days

2. The ratios Net Working Capital / Total Assets and EBIT / Total Assets for 1/31/2020 are _____ and _____, respectively.

A. 0.140; -0.142

B. 0.140; -0.138

C. 0.579; -0.142

D. 0.579; -0.138

1/31/2020 1/31/2019 Total Revenue 6,466,000 8,285,300 Cost of Revenue 4,557,300 5,977,200 Gross Profit 1,908,700 2,308,100 Operating Expense 1,922,700 1,994,200 Operating Income -14,000 313,900 Interest Income Non Operating 11,300 5,700 Interest Expense Non Operating 38,500 56,800 Pretax Income -426,800 -753,100 Tax Provision 37,600 41,700 Net Income -464,400 -794,800 Diluted Average Shares 87,500 102,100 1/31/2020 1/31/2019 Cash, Cash Equivalents & Short Term Investments 499,400 1,624,400 Receivables 141,900 134,200 Inventory 859,700 1,250,500 Other Current Assets 132,700 118,600 Total Current Assets 1,633,700 3,127,700 Total Non-Current Assets 1,186,000 916,600 Total Assets 2,819,700 4,044,300 Accounts Payable 380,800 1,051,900 Current Debt And Capital Lease Obligation 239,400 349,200 Current Liabilities 1,237,700 2,181,100 Total Non Current Liabilities Net Minority Interest 970,500 527,000 Long Term Debt And Capital Lease Obligation 949,100 471,600 Total Liabilities 2,208,200 2,708,100 Stockholders' Equity 611,500 1,336,200 Retained Earnings 690,200 1,362,700 Common Stock Shares Issued 64,300 102,000 Common Stock Price per Share 3.84 11.34