Hello,

I need help with 3 problems from financial management.Shouldnttakemorethan an hour.

Please let me know ASAP if you cannot finish this in 2.5 hours.

Thanks.

Please, provide your solution including calculations. Q13 Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Annual sales = Annual cost of goods sold = Inventory = Accounts receivable = Accounts payable = 25 28 31 35 38 $45,000 $31,500 $ 4,000 $ 2,000 $ 2,400 days days days days days Q14 Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash Short-term investments Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets Total assets $ 20.00Accounts payable 50.00Accruals 20.00Notes payable 60.00 Current liabilities $150.00Long-term debt $140.00Common stock 40.00Retained earnings $100.00Total common equity $250.00Total liab. & equity $ 30.00 50.00 30.00 $110.00 70.00 30.00 40.00 $ 70.00 $250.00 $114.00 $120.00 $126.00 $132.30 $138.92 Q15 Dentaltech Inc. projects the following data for the coming year. If the firm follows the residual dividend policy and also maintains its target capital structure, what will its payout ratio be? EBIT Interest rate Debt outstanding Shares outstanding 37.2% 39.1% 41.2% 43.3% 45.5% $2,000,000Capital budget 10%% Debt $5,000,000% Equity $5,000,000Tax rate $850,000 40% 60% 40%