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A-Z Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cath conversion cycle. Chastain's

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A-Z Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cath conversion cycle. Chastain's 2019 sales (all on credit) were $161,000, its cost of goods sold is 80% of sales, and it earned a net profit of 4%, or $6,440. It turned over its inventory 6 times during the year, and its so was 35.5 days. The firm had fixed assets totaling $42,000. Chastain's payables deferral period is 50 days. Assume 365 days in year for your calculations. a. Calculate Chastain's cash conversion cycle. Do not round Intermediate calculations. Round your answer to two decimal places days b. Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA Do not round Intermediate calculations, Round your answers to two decimal places Total assets turnover ON ROA: 9 C. Suppose Chastain's manadors believe that the inventory turnover can be raised to 9.1 times. What would Chastain's cash conversion cycle, total assets tumover and ROA have been if the inventory turnover had been 0.1 for 20197 Do not round Intermediate calculations, Round your answers to two decimal places Cas conversion cycle days Total assets turnover ROA

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