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help please Vorking Capital Cash Flow Cycle ickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales

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Vorking Capital Cash Flow Cycle ickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $2,815,000 (all on credit), and its net profit margin was 6%. Its inventory turnover was 4.5 times during the year, and its DSO was 34 days. Its annual cost of goods sold was $1,575,000. The firm had fixed assets totaling $452,500.5 trickler's payables deferral period is 38 days, Assume a 365 -day year. Do not round intermediate calculations. a. Calculate Strickler's cash conversion cycle. Round your answer to two decimal places: days. b. Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places. Total assets turnover: c. Suppose Strickler's managers believe the annual inventory tumover can be raised to 8 times without affecting saie or profit. margins. What would Strickler's cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 8 for the year? Round your answers to two decimal places

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