Question: A manufacturer reports the data below. ( 1 ) Compute the number of days in the cash conversion cycle for each year. ( 2 )
A manufacturer reports the data below.
Compute the number of days in the cash conversion cycle for each year.
Did the company manage cash more effectively in the current year?
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Compute the number of days in the cash conversion cycle for each year.
Note: Use days in a year. Round calculations to the nearest whole day.
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