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Strickler Technology is considering changes in its working capital policies to improve its cash flow cyde, Stricker's sales last year were $3,335,000 (all on credit),

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Strickler Technology is considering changes in its working capital policies to improve its cash flow cyde, Stricker's sales last year were $3,335,000 (all on credit), anu its net profit margin was 8%. Its inventory tumover was 6,5 times during the year and its so was 30 days. Its annual cost of goods sold was $1,950,000. The firm had fixed assets totaling $600,000. Strickler's payables deferral period is 36 days. Assume a 365-dwy year. Do not round Intermediate calculations a. Calculate Strickler's cash conversion cycle. 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 ROM. Round your answers to two decimal places Total assets turnover: % ROA C. Suppose Strickler's managers believe the annual Inventory turnover can be raised to 9 times without affecting sale or profit margins: What would stridder's cash conversion cyde, total assets turnover, and ROA have been if the inventory turnover had been 9 for the year? Round your answers to two decimal places Cash conversion cyde: days Total assets turnover ROA

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