Winnebago Industries has the following metrics for 2018 and 2017. Amounts in days 2018 2017 Days sales outstanding 26.2 22.5 Days inventory outstanding 35.9 36.5 Days payable outstanding 17.0 17.0 Compute the cash conversion cycle for both years. Round answers to one decimal place. Cash conversion cycle 2018 Answer 2017 Answer

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.