hastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (OSO) on its cash conversidn crcle. Chastain's 016 sales (all on credit) were $201000; its cost of ooods sold is 80% of sales; and it earned a net profit of 3%, or $6030. It tumed over its inventory 4 times during the yeac, and its DSO was 34 days. The firm had fixod assots totaling $27000. Chastain's payables deferral period is 40 days. Assurne 365 dayo in year for your calculations. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analyals to answer the questions below, Open spreadsheet. 3. Calodata Chastain's cash cocversion cycle. Round vour answer to two decirnal places. Do bot round intermediate calculations. dars b. Assumieg Chastain holds negligible amounts of canh and markatable securities, calculate its total assets tirnover and ROA. Round vour answers to tho decinal places, Do not round internediate calculations. Total usiets turnover noA tornover, and roa have been if the inventory turnover had been 9.2 for 2016 ? Round vour answors to two decimal places. De rotithind intarmediate Citculationi: c. Sxppose Chactain's managers believe that the inventory tumover can be raised to 9.2 times. What would Chastain's cash conversion cycls total assits turnover, and ROA hisw been it the inventory tumover had been 9.2 for 2016 ? Round vour answers to two decimal places. Do na raund internethatcalculations