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(Cathcom wwe Holocal data for the fm's sale accums receivabile inventories, and accounts payable for the Crimson Miq Company follow Call Crimson's days of us
(Cathcom wwe Holocal data for the fm's sale accums receivabile inventories, and accounts payable for the Crimson Miq Company follow Call Crimson's days of us standing days of payables outstanding and days of sale in Inventory for each of the years. (Assume a 365-day year Hvil Assume at the firm's cost of goods sold equals 70% of sales Whaths Crimson complished in sumpts to better manage its investments in account receivable and inwentary b. Calculate Crimm's cash conversion cycle for each of the 5 years Evaluate the firm's overall management of its working capital Assume a 365-day year Calculate Crew's days of sales outstanding, days of payables standing and days of sales in inventory for each of the 5 years. Assume 365 day year Hot Asume that the firm's cost of goods sold equals 70% of sales. (Round to two decimal places) 2014 2015 2016 2017 2018 X Days of sales outstanding (DSO) Data Table (Click on the following icon in order to copy its content into w spreadsheet 2014 2015 2016 2017 Sales Net 5.29 7942 11,634 Receivable Total 621 305 1.025 1373 Acounts payat 434 679 687 1.539 InwentaraTotal 327 458 663 370 4165 2018 18 417 2.293 2.454 363 Print Lone
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