(1) Use the information below to compute the days in the cash conversion cycle for each...

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(1) Use the information below to compute the days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash based on this measure? Sparta Company Athens Company Days' sales in accounts receivable 66 79 Days' sales in inventory 37 41 Days' payable outstanding 44 49 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information below to compute the number of days in the cash conversion cycle for each company. Sparta Company Athens Company Cash conversion cycle < Required 1 Required 2 > Required 1 Required 2 Which company is more effective at managing cash? More Effective Cash Management A company purchases a 13,200-square-foot building for $445,000. The building has two separate rental units. Unit A, which has the desirable location on the corner and contains 2,700 square feet, will be rented for $1.50 per square foot. Unit B contains 10,500 square feet and will be rented for $0.90 per square foot. How much of the joint cost should be allocated to Unit A and to Unit B using the value basis of allocation? Unit A Unit B Totals Rental value Allocated Percent of rental value Joint Cost cost Numerator Denominator % of Mkt Value (1) Use the information below to compute the days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash based on this measure? Sparta Company Athens Company Days' sales in accounts receivable 66 79 Days' sales in inventory 37 41 Days' payable outstanding 44 49 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information below to compute the number of days in the cash conversion cycle for each company. Sparta Company Athens Company Cash conversion cycle < Required 1 Required 2 > Required 1 Required 2 Which company is more effective at managing cash? More Effective Cash Management A company purchases a 13,200-square-foot building for $445,000. The building has two separate rental units. Unit A, which has the desirable location on the corner and contains 2,700 square feet, will be rented for $1.50 per square foot. Unit B contains 10,500 square feet and will be rented for $0.90 per square foot. How much of the joint cost should be allocated to Unit A and to Unit B using the value basis of allocation? Unit A Unit B Totals Rental value Allocated Percent of rental value Joint Cost cost Numerator Denominator % of Mkt Value