Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $2,330,000 (all on credit), and its net profit margin was 4%. Its inventory turnover was 6.5 times during the year, and its DSO was 41 days. Its annual cost of goods sold was $1,300,000. The firm had fixed assets totaling $380,000. Strickler's payables deferral period is 45 days. Assume a 365-day 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 ROA. 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 Strickler's cash conversion cycle, 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 cycle: _____ days

Total assets turnover: _____

ROA: _____ %