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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, $1,925,000. The firm

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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, $1,925,000. The firm had fixed assets totaling $597,500. Strickler's payables deferral period is 35 days. Assume a 365 day year. Do not round intermediate calculations. a. Calculate Strickler's cash conversion cycle. Do not round intermediate calculations. Round your answer to two decimal places. days b. Assuming Strickler 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: % Strickler's cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 8 for the year? Do not round intermediate calculations. Round your answers to two decimal places. Cash conversion cycle: days Total assets turnover: ROA: %

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