Santana Rey's two departments, Computer Consulting Services and Computer Workstation Furniture Manufacturing, have each been profitable for Business Solutions. Santana has heard of the cash conversion cycle and wants to use it as another performance measure for the workstation manufacturing department Data below are for the most recent two quarters. Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 1st Quarter 19 days 25 days 31 days 2nd Quarter 21 days 24 days 28 days Required 182. Compute the cash conversion cycle for the first quarter and second quarter 3. Did the cash conversion cycle increase or decrease from the first to the second quarter? Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Compute the cash conversion cycle for the first quarter and second quarter. 1st Quarter 2nd Quarter Cash conversion cycle Req3 > Santana Rey's two departments, Computer Consulting Services and Computer Workstation Furniture Manufacturing, have each been profitable for Business Solutions. Santana has heard of the cash conversion cycle and wants to use it as another performance measure for the workstation manufacturing department. Data below are for the most recent two quarters. Days' sales in accounts receivable Days' sales in inventory Days payable outstanding 1st Quarter 19 days 25 days 31 days 2nd Quarter 21 days 24 days 28 days Required 1&2. Compute the cash conversion cycle for the first quarter and second quarter. 3. Did the cash conversion cycle increase or decrease from the first to the second quarter? Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Did the cash conversion cycle increase or decrease from the first to the second quarter? Did the cash conversion cycle increase or decrease from the first to the second quarter? to search