Question: Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler s sales last year were $ 3 ,

Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Stricklers sales last year were $3,250,000(all on credit), and its net profit margin was 7%. Its inventory turnover was 6.0 times during the year, and its DSO was 41 days. Its annual cost of goods sold was $1,800,000. The firm had fixed assets totaling $535,000. Stricklers payables deferral period is 45 days.
 Strickler Technology is considering changes in its working capital policies to

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