Attached are the condensed balance sheet, income statement and notes for CDX Company, COX prepares it financial statements in accordance with U.S.GAAP. Its inventory valuation method is LIFO. Assume all purchases and sales are on credit, and there were no disposals of fixed assets during 2014 (12/31/2014)

1. How much inventory did CDX purchase in 2014?

2. How much dividend did CDX pay in 2014?

3. Calculate Number of days of payables' of CDX in 2014. (To the first decimal place)

4. Calculate Cash conversion cycle' of CDX in 2014. (To the first decimal place)

5. Calculate "Cash flow from operating activities' of CDX in 2014.

6. Calculate 'Cash flow from investing activities' of CDX in 2014

7. Calculate 'Cash flow from financing activities' of CDX in 2014

8. What amount would CDX's cost of goods sold for 2014 be if it had used the FIFO method instead of the LIFO method

9. What is the cumulative amount of income tax savings that CDX has generated through 2014 by using the LIFO method instead of the FIFO method?

10. Calculate 'Inventory turnover ratio of place) CDX in 2014 under the FIFO method. (To the first decimal

Balance Sheet (Sthousand) 2016 2015 Cash Account Receivable, net 144 183 61 72 46 109 469 (255) 585 Long-term investment Property, plant, and equipment Accumulated depreciation end 3594 (198) 351-469 Total 526 Liabilities and Shareholders' equity Notes payable, short-term (general borrowing for operation) Account payable Other accurued liabilities Bonds payable, long-term Common stock, no-par Retained earnings 63 12 147 149 200 585 83 56 17 163 61 146 526 Total Income Statement (Sthousand) Sales Revenue Gain on sale of equipment 2015 310 18 2016 (Sales price, $33) Cost of goods sold Salary expense Depreciation expense Interest expense Loss on sales on land 221 48 57 13 162 28 20 35 (Sales price, $61) 21 84 10 Tax expense Net Income 40 The LIFO reserves as of December 31 2016 and 2015 are $15 thousnad and $12 thousand The effective tax rate for 2016 and earlier periods is 20%. No items impacted retained earnings other than net income and dividends