Business, 05.04.2020 19:19 20jacksone

Current Year & Prior Year
Acc. Payable, EOY: $9,023 & $12,968
Acc. Receivable, net, EOY: $29,905 & $18,752
Inventory, EOY: $11,324 & $10,815
Net Sales: $163,000 & $110,000
Cost of Goods Sold: $79,000 & $116,000

Use the information above to compute the number of days in the cash conversion cycle for each year. ?
Cash Conversion Cycle in Days:

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Current Year & Prior Year
Acc. Payable, EOY: $9,023 & $12,968
Acc. Receivable,...