Problem 16-12 Working Capital Cash Flow Cycle Strickier Technology is considering changes in its working capital policies to improve its cash fow cycle. Strickler's sales last year were $2,622,500 (all on credit), and its net profit margin was S%. Its inventory turnover was 5.5 times during the year, and ts DSO was 33 days. Its annual cost of goods sold was s 1.3,s.oco The firm hed noed assets totang H2S00 Strickler's payables deferral period is 35 days. Assume 365 days in year for your calculations. Do not round intermediate calculations in year for your calculations. Do not round intermediate calculations a. Calculate Striekler's cash conversion cycle. Round your anawer to two decimal places. days b. Assuming Strickler holds negligible amounts of cash and marketable securities, celoulate its total assets turnover. Round your ansmer to two decimal places Calculate its ROA. Round your answer to two decimal places c. Suppose Strickler's managers believe the annual inventory turnover can be raised to 8 times without a recting sale or profit margins, what would Strickler s cash conversion erl. have bean if the inventory turnover had been for the year? Round your answer to two decimal places What mould what wouild Strickler's ROA have been if the inventory turnever had been 8 for the year? Round your answer to two decimal places days s total assets turnover have been if the inventory turnover had been 8 for the yeer? Round your answer to two decimal pleces