Answer the below question based upon the following information on Fitbit: is the price per share for the Fitbit IPO? (4) 23. Mark's Manufacturing Inc. average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365 -day year, what is the length of its cash conversion cycle? (2) 24. Omega Technology ("Omega) has 5.5 million shares of common stock outstanding. The current market price of Omega common stock is $52 per share rights-on. The company's net income this year is $17.5 million. A rights offering has been announced in which 550,000 new shares will be sold at $46.50 per share. The subscription price plus 5 rights is needed to buy one of the new shares. a. What are the earnings per share and price-earnings ratio before the new shares are sold via the rights offering? (2) b. What would the earnings per share be immediately after the rights offering? What would the price-earnings ratio be immediately after the rights offering? (Assume there is no change in the market value of the stock, except for the change when the stock begins trading ex-rights.). (2)