I need help with questions 11-15

Question 11 1 pts Carmax Inc estimates that the company takes 42 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 64 days and days sales outstanding of 111 days. What is its cash conversion cycle? 133 days B7 days 142 days 62 days none of the answers is correct. Question 12 1 pts O'Reilly Automotive offers its customers payment terms of 2/15 EOM, net 60. Assuming 365 days in a year, calculate the implicit cost of trade credit (Do not round intermediate calculations. Round final answer to two decimal places). 17.81% 0 32.51% 13.62% none of the answers is correct. 28.18% Question 13 1 pts Which ONE of the following statements is true? Operating shortage costs result from lost production and sales. All of the answers are correct. Operating shortage costs can be substantial, especially if the product markets are competitive. Financial shortage costs arise mainly from liquidity-shortage of cash or a lack of marketable securities to sell for cast None of the answers is correct. Question 14 1 pts Le Baron Company, a men's designer firm, has an operating cycle of 123 days. The firm's days' sales in inventory is 73 days. How much does the firm have in receivables if it has credit sales of $433,450? Round to the nearest dollar. None of the answers is correct $64.233 $59.377 $47,501 $71.252 Question 15 1 pts A restrictive current asset investment strategy calls for All of the answers are correct, None of the answers is correct. current assets kept to a minimum, tight terms of sale intended to curb credit sales and accounts receivable the firm barely investing in cash and Inventory