Canvas XCIO No, profits fail by $28.925 Yes, profits grow by $47896 5 pts Question 3 Mako Industries is considering changes in its working capital policies to improve its cash flow cycle. Mako's sales last year were $5.0 milion (all on credit), and its net profit margin was 6%. Its Inventory turnover was 7.0 times during the year, and its DSO was 45 days. Its annual cost of goods sold was $3.5 million. The firm had fuced assets totaling $600,000. Mako's payables deferral period is 30 days. Calculate Mako's cash conversion cycle. 68.00 days 73.00 days 37.83 days 67.14 days Question 4 5 pts Make Industries is considering changes in its working capital inglisis torove its cash flow syd, Makos sales last year $ 3 96 5 6 7 8 9 W m R . Y