Information for Google follows. Required 1. Compute Googles cash conversion cycle for both the current and prior
Question:
Information for Google follows.
Required
1. Compute Google’s cash conversion cycle for both the current and prior years.
2. Did Google become more effective at managing cash in the current year?
Transcribed Image Text:
$ millions Current Year One Year Prior $ 20,838 Accounts receivable, net ... Net sales... $ 25,326 161,857 136,819 Inventory.... 999 1,107 Cost of goods sold . Accounts payable ... 71,896 59,549 5,561 4,378
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