20 3 Exercise 22-20 (Algo) Cash conversion cycle LO A4 A manufacturer reports the data below. points eBook Hint Print Accounts payable Accounts receivable Inventory Net sales Cost of goods sold Current Year $ 8,763 29,245 Prior Year $ 12,708 18,574 11,064 10,535 166,000 81,000 113,000 117,000 (1) Compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Required Required 2 Compute the number of days in the cash conversion cycle for each year. (Use 365 days in a year. Round calculations to the nearest whole day.) Cash conversion cycle Current year days Prior year days