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Strickler Technology is considering changes in its working capital polides to improve its cash flow...

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Finance

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Strickler Technology is considering changes in its working capital polides to improve its cash flow cycle. Strider's sales last year were $3,250,000 (lon), and the profit margin was 4%. Its inventory turnover was 6.0 times during the year, and its so was 40 days. Its annual cost of goods sold was $1,800,000. The firm had funds totaling $550,000. Strickler's payables deferral period is 42 days. Assume a 365-day year. Do not found intermediate calculations Calculate Stricker's cash conversion cycle. Do not round intermediate calculations. Round your answer to two decimal places days D. Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets tarever and ROA. Do not round intermediate calculations. Raund your answers to two decimal places Total assets turnover: ROA: % Suppose Strickler's managers believe the annual inventory turnover can be raised to 8 times without affecting sale or profit margin. What would Stricker's cash conversion cycle, total assets turnover, and ROA have been if the inventory tumover had been a for the year? Do not round Intermediate calculations. Round your new 8 to two decimal places Cash conversion cycle: days Total assets turnover: ROA: %

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