eploymentid=498850217901124671475931759438eISBN 9781305403390&id=663061280&snapshotid=1503480& anagement Save Submit Assignment for Question Tem 21-12 Check My Work (2 remain 4-3: The Cash Conversion Cycle Problem Walk-Through Problem 21-12 Working Capital Cash Flow Cycle Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $120,000 (all on credit), and its net profit margin was 6%. Its Inventory turnover was 6.08 times during the year, and its DSO was 43 days. Its annual cost of goods sold was $121,556. The firm had fixed assets totaling $10,000. Stricker's payables deferral per is 37 days. Assume 365 days in year for your calculations. Do not round Intermediate calculations Calculate Studer's cash Conversion cycle. Round your answer to two decimal places. 66.03 days b. Assuming Stricker holds negligible amounts of cash and marketable securities, calculate its total assets tumover. Round your answer to two decimal places 14,137 Calculate its RON Round your answer to two decimal places cash common cycle her c. Sucose Strider's mans believe that the annual inventory turnover can be raised to times without fecting sales and cost of goods sold, what would been the twentory turnover had been for the year? Round your answer to two decimal places the wentary turnover had been for the year round your answer to two decimal places What would tricker's total sets turnover have been for the year Round your answer to two decimal places What would suick ROA have been the inventory turnover had been Check My Work (raining)