Chianti reports the following items in their Balance Sheet: $$70,000$ fixed assets, $$3,500$ cash,

$$1,200$ short term marketable securities$,$ $$4,500$ in accounts receivables, $$6,000$ in inventories,

$$1,000$ in prepaid expenses, $$4,000$ accounts payable and $$2,100$ in current notes payable. $$What is Chianti Corp.$$s Current Ratio?

$$

Group of answer choices

$7\mathrm{.}24$

$1\mathrm{.}51$

$2\mathrm{.}49$

$2\mathrm{.}65$

$$

Assuming that Chianti reported annual sales of $$100,000,$ cost of goods sold of $$65,000,$ average receivables of $$5,600,$ average inventories of $$3,800,$ and average payables of $$5,700.$ What is Chianti Corp.$$s Receivables Turnover and Average Receivables Collection Period?

Group of answer choices

$6\mathrm{.}25,58\mathrm{.}4$

$10,36\mathrm{.}5$

$11\mathrm{.}61,31\mathrm{.}5$

$17\mathrm{.}9,20\mathrm{.}4$

Assuming the same facts as outlined in question $20,$ what is Chianti $$s Inventory Turnover? And Average Inventory Processing Period?

Group of answer choices

$13\mathrm{.}4,27\mathrm{.}2$

$12\mathrm{.}4,29\mathrm{.}4$

$26\mathrm{.}5,13\mathrm{.}8$

$17\mathrm{.}11,21\mathrm{.}3$

$$

Assuming the same facts as in question $20,$ what is Chianti $$s Cash Conversion Cycle?

Group of answer choices

$26\mathrm{.}1$

$7\mathrm{.}24$

$9\mathrm{.}7$

$-5\mathrm{.}67$