Question: Need ur help Current Year Prior Year Accounts payable, end of year $ 6.943 S 10,888 Accounts receivable, net, end of year 24,625 17,328 Inventory,
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Current Year Prior Year Accounts payable, end of year $ 6.943 S 10,888 Accounts receivable, net, end of year 24,625 17,328 Inventory, end of year 9,244 8,575 Net sales 184,000 137,000 Cost of goods sold 94,000 120,000 (1) Use the information above to 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? 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information above to compute the number of days in the cash conversion cycle for each year. l Round calculations to the nearest whole day.) Required 2 >
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