Working Capital Cash Flow Cyde Strickler Technology is considering changes in its working capital policies to improve its cash flow cyde. Strickler's sales last year were $2,490,000 (all on credit), and its net profit margin was 7%. Its Inventory tumover was 6.5 times during the year, and its so was 45 days. Its annual cost of goods sold was $1,300,000. The firm had faced assets totaling $405,000. Strickler's payables deferral period is 47 days. Assume a 365-day year. Do not round Intermediate calculations a Calculate Stridder's cash conversion cycle. Round your answer to two decimal places days b. Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA. Round your answers to two decimal places Total assets turnover: ROA c. Suppose Strickler's managers believe the annual inventory turnover can be raised to 4 times without affecting sale or pront margins What would Strickler's cash conversion cyde, total assets tumover, and ROA have been if the inventory turnover had been 9 for the year? Round your answers to two decimal places. Cash conversion cycle days Total assets turnover: ROA