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.) Current year days P rior year days Cash conversion cycle Required 1 Required 2 > 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? Required 1 Required 2 > The Trailer division of Baxter Bicycles makes bike trailers that attach to bicycles and can carry children or cargo. The trailers have a retail price of $108 each. Each trailer incurs $49 of variable manufacturing costs. The Trailer division has capacity for 22,000 trailers per year and incurs fixed costs of $560,000 per year. Required: 1. Assume the Assembly division of Baxter Bicycles wants to buy 5,800 trailers per year from the Trailer division. If the Trailer division can sell all of the trailers it manufactures to outside customers, what price should be used on transfers between Baxter Bicycles's divisions? 2. Assume the Trailer division currently only sells 9,700 Trailers to outside customers, and the Assembly division wants to buy 5,800 trailers per year from the Trailer division. What is the range of acceptable prices that could be used on transfers between Baxter Bicycles's divisions? Transfer price per trailer Transfer price per trailer will be at least but not more than