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Hi please solve this :) Thank you!! Quantitative Problem: Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales

Hi please solve this :) Thank you!!

Quantitative Problem:

Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales outstanding on its cash conversion cycle. Winston's 2015 sales (all on credit) were $143,000 and its cost of goods sold was 75% of sales. It turned over its inventory 8.44 times during the year. Its receivables balance at the end of the year was $13,108.05 and its payables balance at the end of the year was $7,409.96. Using this information calculate the firm's cash conversion cycle. Round your answer to the nearest whole. Round the days amounts in your intermediate calculations to the nearest whole day. Do not round other intermediate calculations. days.

B.)Winston Inc. buys $8.4 million of materials (net of discounts) on terms of 2/10, net 50; and it currently pays after 10 days and takes the discounts. Adams plans to expand, which will require additional financing. If Adams decides to forgo discounts, how much additional credit could it obtain? Round your answer to the nearest cent. Do not round your intermediate calculations. Use 365 day in a year.

C.) What would be the nominal and effective cost of such a credit? Round your answer to 2 decimal places. Do not round intermediate calculations. Use 365 day in a year. Nominal cost: % Effective cost:

D.) If the company could receive the funds from a bank at a rate of 9%, interest paid monthly, based on a 365-day year, what would be the effective cost of the bank loan? Round your answer to 2 decimal places. Do not round intermediate calculations.

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