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A manufacturer reports the data below. Accounts payable Accounts receivable Inventory Net sales Cost of goods sold $ 9,149 17,974 4,955 233, 107 137,700 (1)

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A manufacturer reports the data below. Accounts payable Accounts receivable Inventory Net sales Cost of goods sold $ 9,149 17,974 4,955 233, 107 137,700 (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. Required 1 Required 2. Compute the number of days in the cash conversion cycle. (Use 365 days in a year. Round calculations to the nearest whole day.) Cash conversion cycle days

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