1) Calculate 20x2 EBIT margin Round answer to ONE decimal For example, 20x3 EBIT margin is15.229% but rounded to 15.2% Revenues Cost of goods sold Gross profit Selling, general & admin. expense Operating profit 20x1 $4,125 2,457 1,668 1,070 $598 20x2 $4,240 2,515 1,725 1,122 $603 20x3 $4,452 2,650 1,802 1,124 $678 Accounts receivable Inventory Accounts payable $495 675 $387 $493 713 $372 $455 710 $411 Sales % growth EBIT Margin NA 14.5% 2.896 ??? 15.2% 42.4 Accounts Receivable Days Inventory Days Accounts Payable Days Cash Conversion Cycle 100.3 57.5 86.6 37.3 97.8 56.6 54.0 91.9 A 14.2% B. 40,7% C 26.5% D. Not listed Moving to another question will save this response