1) Use the information above to compute the number of days in the cash conversion cycle for each year. Did the company manage cash more effectively in the current year? Current Year Prior Year Average Accounts Payable, 11585 17502 Average Accounts Receivable, 39908 26798 Average Inventory 15036 14123 Net Sales 262500 187500 Net Purchases 138000 162000 Cost of goods sold 130500 177000 -6