Question: Working Capital Cash Flow Cycle Strider Technology is considering changes in its working capital policies to improve its cash flow cycle. Stricker's sales last year
Working Capital Cash Flow Cycle Strider Technology is considering changes in its working capital policies to improve its cash flow cycle. Stricker's sales last year were $4,665,000 (all on credit), and its net profit margin was 74 Its Inventory turnover was 7 times during the year, and its so was 41 days. Its annual cost of goods sold was $2,450,000. The firm had foed assets totaling $730,000. Stricker's payables deferral period is 46 days. Assume a 365 day year. Do not round Intermediate calculations 2. Calculate Stridders cash conversion cycle Round your answer to two decimal place. days b. Assuming Stricker holds neoligible amounts of cash and marketable securities, calculate as totalments turnover and ROA. Round your answers to two decimal places Total assets turnover ROA Suppo Stricker's mas beleve the thuat inventory turnover can be raised to ones without affecting sale or profit margina, what would stickers cash conversion de total atstumove and HOA have been if the inventory turnover had been for the year round your answers to two decimal places Cash Conversion de days Yotalsts turnover HOA
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