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The income statement and additional data of Specialized Services, Inc., follow: (Click the icon to view the income statement.) B. (Click the lcon to view the additional data.) Read the requirements: Requirement 1. Calculate the cash conversion cycle for Specialized Services. Round all calculations to two decimal places. Assume all sales are on credit. (Use a 365-doy year for computations. Do not round any intermediary calculations, but then round each amount you enter into the table below to fwo decimal ploces. X XXX. Abbreviabon used: AVP = accounts payable; A/R= accounts receivable.) Data table More info Additional data: Data from the comparative balance sheet follow: Click the icon to see the Worked Solution. Requirement 1. Calculate the cash conversion cycle for Taylor Services. Round all calculations to two decimal places. Assume all sales a round any intermediary calculations, but then round each amount you enter into the table below to two decimal places, X. XX. Abbreviation Requirement 2. Comment on Taylor Services' cash conversion cycle, assuming it was 70.25 days for the prior year. As shown by the in the number of days, the cash conversion cycle has in the current year