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KIND REQUEST NOT TO ATTEND THE QUESTION IF ONLY ONE QUESTION IS GOING TO BE ANSWERED. IM AWARE OF POLICIES. PLEASE MAKE FOR OTHERS WHO

KIND REQUEST NOT TO ATTEND THE QUESTION IF ONLY ONE QUESTION IS GOING TO BE ANSWERED. IM AWARE OF POLICIES. PLEASE MAKE FOR OTHERS WHO CAN SOLVE ALL THE PARTS. WILL DISLIKE IF ONE QUESTION IS ANSWERED.

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Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $3,390,000 (all on credit), and its net profit margin was 6%. Its inventory turnover was 5.0 times during the year, and its DSO was 34 days. Its annual cost of goods sold was $2,000,000. The firm had fixed assets totaling $615,000. Strickler's payables deferral period is 38 days. Assume a 365-day year. Do not round intermediate calculations. Calculate Strickler's cash conversion cycle. Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Suppose Strickler's managers believe the annual inventory turnover can be raised to 8 times without affecting sale 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? Casper Landsten-CIA (A). Casper Landsten is a foreign exchange trader for a bank in New York. He has $0.95 million (or its Swiss franc equivalent) for a short term money market investment and wonders if he should invest in U.S. dollars for three months, or make a ClA investment in the Swiss franc. He faces the following quotes: The CIA profit potential is %, which tells Casper Landsten he should borrow and invest in the yielding currency, the , in order to earn covered interest arbitrage (CIA) profits. (Round to three decimal places and select from the drop-down menus.)

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