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3. 8. Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are $122,000. Sales for its operating departments
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Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are $122,000. Sales for its operating departments follow. How much advertising cost is allocated to each operating department if the allocation is based on departmental sales? (Do not round your intermediate calculations.) A manufacturer reports the data below. (1) Compute the number of days in the cash conversion cycle. (2) Is the company more efficient at managing cash than its competitor who has a cash conversion cycle of 14 days? Complete this question by entering your answers in the tabs below. Compute the number of days in the cash conversion cycle. (Use 365 days in a year. Round calculations to the nearest whole day.)
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