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Chastain Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash conversion cycle. Chastain's 2021 sales (all on credit) were $119,000, its cost of goods sold is 80% of sales, and it earned a net profit of 8%, or $9,520. It turned over its inventory 4 times during the year, and its DSO was 38 days, The firm had fixed assets totaling $43,000. Chastain's payables. deferral period is 50 days. Assume 365 days in year for your calculations. a. Calculate Chastain's cash conversion cycle. Do not round intermediate calculations. Round your answer to two decimal places, days b. Assuming Chastain holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Do not round intermediate calculations, Round your answers to two decimal places. Total assets turnover: ROA: % c. Suppose Chastain's managers believe that the inventory turnover can be raised to 8.05 times. What would chastain's cash corversion cycle, total assets tumover, and ROA have been if the ifiventory tumover had been 8.05 for 20217 Do not round intermediate calculations. Round your answers to two decimal places