chapter 22 question 6

QS 22-15 Cash conversion cycle and efficiency LO A4 (1) Use the information below to compute the number of days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash? Days' sales in accounts receivable Days' sales inventory Days' sales in accounts payable Spartan Co. 44 26 33 Chen Co. 57 30 38 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. Spartan Co. Chen Co. Cash to cash conversion cycle Required 2 > QS 22-15 Cash conversion cycle and efficiency LO A4 (1) Use the information below to compute the number of days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash? Spartan Co. 44 26 33 Chen Co. 57 30 38 Days' sales in accounts receivable Days' sales inventory Days' sales in accounts payable Complete this question by entering your answers in the tabs below. Required 1 Required 2. Which company is more effective at managing cash? More Effective Cash Management