orking Copital Cash Flow Cyde doy Tiatel mistu 1umever now: der Technology is considering changes in its working capital pollicies to improve its cash flow cycle. Strickler's sales last year were $2,410,000 (all on credit), and its net profit in was 4%. Its inventory tumover was 4.5 times during the year, and its DSO was 30 days. Its annual cost of goods sold was $1,350,000. The firm had fixed assets totalligg 0,000. Strickler's payables deferral period is 34 days. Assume a 365 -day year. Do not round intermediate calculations, 3. Calculate Strickler's cash conversion cycle. Do not round intermediate calculations. Round your answer to two decimal places. ays b. Assuming Strickler holds negligible amounts of cash and marketable securities, calcutate its total assets turnover and ROA, Do not round intermediate calculations. Round your answers to two deckol places. Total assets turnover: ROA:- c. Suppose strickler's managers believe the annual inventory turnover can be raised to 8 times without affecting sale or profit marg ins. What would strickler's cash conversion cyce, total assets tumover, and figh have been if the Inventory turnover had been 8 for the year? Do not round intermediate caicilations. Round your answer to two decimal places. Cash conversion cyce: daya Total askets tutnover: 3390,000, Strickler's payables deferral pericd is 34 days. Assume a 365-day yeat, Do not round intermediate calcuationd. a. Calculate Strickler's cash cenversion cycle. Do not round intermed ate calculations. Round your answer to two dedimal places. doys your answers to two decinal places Totat assets turneveri ROOA: c. Suppose stricker's managers believe the annual itwentory turnover con be rased to 8 times without afecting saie or preft marsins what would geridie's cash ta two decimal paces: Cash conversion cyde: days Total assets turnoveri: oh orking Copital Cash Flow Cyde doy Tiatel mistu 1umever now: der Technology is considering changes in its working capital pollicies to improve its cash flow cycle. Strickler's sales last year were $2,410,000 (all on credit), and its net profit in was 4%. Its inventory tumover was 4.5 times during the year, and its DSO was 30 days. Its annual cost of goods sold was $1,350,000. The firm had fixed assets totalligg 0,000. Strickler's payables deferral period is 34 days. Assume a 365 -day year. Do not round intermediate calculations, 3. Calculate Strickler's cash conversion cycle. Do not round intermediate calculations. Round your answer to two decimal places. ays b. Assuming Strickler holds negligible amounts of cash and marketable securities, calcutate its total assets turnover and ROA, Do not round intermediate calculations. Round your answers to two deckol places. Total assets turnover: ROA:- c. Suppose strickler's managers believe the annual inventory turnover can be raised to 8 times without affecting sale or profit marg ins. What would strickler's cash conversion cyce, total assets tumover, and figh have been if the Inventory turnover had been 8 for the year? Do not round intermediate caicilations. Round your answer to two decimal places. Cash conversion cyce: daya Total askets tutnover: 3390,000, Strickler's payables deferral pericd is 34 days. Assume a 365-day yeat, Do not round intermediate calcuationd. a. Calculate Strickler's cash cenversion cycle. Do not round intermed ate calculations. Round your answer to two dedimal places. doys your answers to two decinal places Totat assets turneveri ROOA: c. Suppose stricker's managers believe the annual itwentory turnover con be rased to 8 times without afecting saie or preft marsins what would geridie's cash ta two decimal paces: Cash conversion cyde: days Total assets turnoveri: oh
