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Data table Stockholders' equity: Common stock Retained earnings (3)2 2 2 1,526 1,610 (84) (52) Accumulated other comprehensive (loss) 1210) (220) 10 45 Total stocknolders'
Data table Stockholders' equity: Common stock Retained earnings (3)2 2 2 1,526 1,610 (84) (52) Accumulated other comprehensive (loss) 1210) (220) 10 45 Total stocknolders' equity 1,318 (74) (5.3) Total liabilies and stockholders equity $9.748 6,652$ 3,096 465% Print Done Data table The Smith 2021 incume stavement and balsoce sheet foliows (Cick the kcon lo wew the assets section of the balance shert) (Click the icon io vew the income statement) Resa the tegicements Data table Requirements Use the income statement and the balance sheet to calculate the following a. Smith's rate of inventory turnover and days' inventory outstanding for 2021 b. Days' sales in average receivables (days' sales outstanding) during 2021 (round dollar amounts to one decimal place). Assume all sales are made on account c. Accounts payable turnover and days' payables outstanding for 2021. For this purpose, assume that the impact of inventories on cost of goods sold is immaterial, allowing you to use cost of goods sold rather than purchases in your computations d. Length of cash conversion cycle in days for 2021 Do these measures look strong or weak? Give the reason for your
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