Accounts payable, end of year Accounts receivable, net, end of year Inventory, end of year Net sales Cost of goods sold Current Year $ 8,503 28,585 10,804 168,000 82,000 Prior Year $ 12,448 18, 396 10,255 116,000 117,000 (1) Use the information above to compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information above to compute the number of days in the cash conversion cycle for each year. (Use 365 days in a year Round calculations to the nearest whole day.) Cash conversion Cycle Current year days Prior year days Required 2 > Accounts payable, end of year Accounts receivable, net, end of year Inventory, end of year Net sales Cost of goods sold Current Year Prior Year $ 8,503 $ 12,448 28,585 18,396 10,804 10,255 168,000 116,000 82,000 117,000 (1) Use the information above to compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Did the company manage cash more effectively in the current year? Did the company manage cash more effectively in the current year?