The Evan 2021 income statement and balance sheet follows. (Click the icon to view the assets section of the balance sheet) III (Click the icon to view the liabilies and stockholders' equity sections of the balance sheot.) (Click the icon to viow the income statement) Read the requirements. a. Use the income statement and the balance sheet to calculate Evaris rate of inventory turnover and days' inventory outstanding for 2021 . Begin by selecting the formula and then enter the amounts to calculato inventory tumover. (Enter currency amounts in milions as given in the question. Round the invenicry tumover to 1 decimal places, XX ) Data table Data table Evan Corporation Balance Sheet (Adpated) December 31, 2021 and 2020 (Dollar amounts in millions) 2021 2020 Increase (Decrease) Liabilities and Stockholders' Equity Current liabilities: Accounts payable Income tax payable Short-term debt Other Total current liabilities Long-term debt Other liabilities Total liabilities $. 920$ 900$ 20 2.2% (20) (31.3) Amount Percentage 44 64 66.7 Stockholders' equity: Data table Liabilities and Stockholders' Equity Current liabilities: Accounts payable Income tax payable Short-term debt Other Total current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings 2 2 1,5261,610 (84) (5.2) Accumulated other comprehensive (loss) Total stockholders' equity Total liabilities and stockholders' equity Evan 2021 income (Click the icon to vi) (Click the icon to vi) Data table (Click the icon to vil hd the reguirements Evan Corporation Statements of Income (Adapted) Year Ended December 31, 2021 and 2020 Jse the income state pin by selecting the fimal places, X.) Requirements Use the income statement and the balance sheet to calculate the following: a. Evan's rate of inventory turnover and days' inventory outstanding for 2021. b. Days' sales in average receivables (days' sales outstanding) during 2021 (round doliar amounts to one decimal place). Assume all sales are made on account. c. Accounts payable turnover and days' payables outstanding for 2021. For this purpose, assume that the impact of inventories on cost of goods sold is immaterial, allowing you to use cost of goods sold rather than purchases in your computations. d. Length of cash conversion cycle in days for 2021. Do these measures look strong or weak? Give the reason for your