Calculate: inventory turnover, inventory days supply, accounts receivable turnover, accounts receivable days supply, accounts payable turnover, accounts payable days supply, cash to conversion cycle, interpretation to cash to conversion cycle.

Directions: For questions 1-7, Please calculate all answers using excel. After calculating each question round your answer (either up or down) to the nearest whole number. Use the rounded answer to answer subsequent questions. For example: say I get the answer 1.1." for question 1. If I need to use that answer to calculate question 2, I will round that to 1 and input "1" into question 2's calculation. DO NOT ROUND REVENUE, CGS, AVERAGE INVENTORY VALUE, AVERAGE ACCOUNTS RECEIVABLE, OR ACCOUNTS PAYABLE. 1. Company XYZ has issued the following financial data for 2012: Revenue: 90.1 CGS: 70.2 Average Inventory Value: 3.5 Average Accounts Receivable: 7 Accounts Payable: 3.5 What is their inventory turnover? Round normally (up or down) to the nearest whole number. 2. Using the Information from question 1, calculate inventory days supply. Round normally (up or down) to the nearest whole number. 3. Using the information from question 1 and/or preceding questions, calculate accounts receivable turnover. Round normally (up or down) to the nearest whole number 4. Using the information from question 1 and/or preceding questions, calculate accounts receivable days supply. 5. Using information from question 1 and/or preceding questions, calculate accounts payable turnover. 6. Using information from question 1 and/or preceding questions, calculate accounts payable days supply. 7. Using information from question 1 and/or preceding questions, calculate cash to conversion cycle. 8. Which of the following choices represents a correct interpretation of the cash to conversion cycle you calculated in question 7? A. Self-funding B. Non Self-funding C. You are receiving money from your customers before you pay your suppliers. D. You have to pay your suppliers before you receive money from your customers. E. A and C F. B and D