Question: Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding 26.3 19.9 Days inventory outstanding 47.9 49.7 Days payable outstanding 13.9 13.3 Compute the cash conversion cycle for both years. Round answers to one decimal place. Cash conversion cycle 2015 60.00 2014 56.9 Check

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