Please Answer the 3 Questions in the Attachment...

Problem 1612 Working Capital Cash Flow Cycle Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler's sales last year were $130,000 (all on credit), and it earned a net profit of 5%. Its inventory turnover was 5.2 times during the year, and its DSO was 39.5 days. Its annual cost of goods sold was $121,828. The firm had fixed assets totaling $50,000. Strickler's payables deferral period is 40 days. Assume 365 days in year for your calculations. Do not round intermediate calculations. a. Calculate Strickler's cash conversion cycle. Round your answer to two decimal places. b. days Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover. Round your answer to two decimal places. x Calculate its ROA. Round your answer to two decimal places. c. % Suppose Strickler's managers believe that the inventory turnover can be raised to 8 times without affecting sales and cost of goods sold. What would Strickler's cash conversion cycle have been if the inventory turnover had been 8 for the year? Round your answer to two decimal places. days What would Strickler's total assets turnover have been if the inventory turnover had been 8 for the year? Round your answer to two decimal places. x What would Strickler's ROA have been if the inventory turnover had been 8 for the year? Round your answer to two decimal places. % Problem 166 Receivables Investment Snider Industries sells on terms of 3/10, net 30. Total sales for the year are $876,500. Thirty percent of the customers pay on the 10th day and take discounts; the other 70% pay, on average, 54 days after their purchases. Assume 365 days in year for your calculations. a. What is the days sales outstanding? Round your answer to one decimal place. days b. What is the average amount of receivables? Round your answer to the nearest dollar. $ c. What would happen to average receivables if Snider toughened up on its collection policy with the result that all nondiscount customers paid on the 30th day? Round your answer to the nearest dollar. $ Problem 163 Cost of Trade Credit What is the nominal and effective cost of trade credit under the credit terms of 1/10, net 30? Assume 365 days in a year for your calculations. Round your answers to two decimal places. Do not round intermediate calculations. Nominal cost of trade credit Effective cost of trade credit % %