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Please answer the below questions with the exact numbers listed: Working Capital Cash Flow Cycle Strickler Technology is considering changes in its working capital policies

Please answer the below questions with the exact numbers listed:

Working Capital Cash Flow Cycle

Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $140,000 (all on credit), and it earned a net profit of 5%. Its inventory turnover was 5.6 times during the year, and its DSO was 30.5 days. Its annual cost of goods sold was $121,053. The firm had fixed assets totaling $50,000. Strickler's payables deferral period is 43 days. Assume 365 days in year for your calculations. Do not round intermediate calculations.

  1. A.Calculate Strickler's cash conversion cycle. Round your answer to two decimal places. ______days
  2. B.AssumingStricklerholdsnegligibleamountsofcashandmarketablesecurities,calculateitstotalassetsturnover.Roundyouranswertotwodecimalplaces._____x
  3. CalculateitsROA.Roundyouranswertotwodecimalplaces. _____%
  4. C.SupposeStrickler'smanagersbelievethattheinventoryturnovercanberaisedto9timeswithoutaffectingsalesandcostofgoodssold.WhatwouldStrickler'scashconversioncyclehavebeeniftheinventoryturnoverhadbeen9fortheyear?Roundyouranswertotwodecimalplaces._____days
  5. WhatwouldStrickler'stotalassetsturnoverhavebeeniftheinventoryturnoverhadbeen9fortheyear?Roundyouranswertotwodecimalplaces._____x
  6. WhatwouldStrickler'sROAhavebeeniftheinventoryturnoverhadbeen9fortheyear?Roundyouranswertotwodecimalplaces. _____%

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