(Cash conversion cycle) Historical data for the sales, accounts receivable, inventories, and accounts payable for the Crimson Mfg. Company follow: COGS is 70% 2011 2012 2013 2015 4,310 5,213 617 907 Sales-Net Receivables-Total Accounts Payable Inventories-Total 7,944 1,089 699 644 2014 11,639 1,355 1,560 377 18,491 2.229 2,465 350 330 440 a. Calculate Crimson's days of sales outstanding and days of sales in inventory for each of the 5. years. What has Crimson accomplished in its attempts to better manage its investments in accounts receivable and inventory? b. Calculate Crimson's cash conversion cycle for each of the 5 years. Evaluate the firm's overall management of its working capital