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(1) Use the information below to compute the number of days in the cash conversion cycle for each year. Round calculations to the nearest whole

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(1) Use the information below to compute the number of days in the cash conversion cycle for each year. Round calculations to the nearest whole day. (2) Did the company manage cash more effectively in the current year? Prior Year Current Year $ 8,548 $ 4,603 Accounts payable, end of year. 15,726 18,685 Accounts receivable, net, end of year. 6,055 Inventory, end of year 6,904 205,000 220,000 Net sales.... 130,000 140,000 Cost of goods sold

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