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ces QS 22-20 (Algo) Cash conversion cycle LO A4 (1) Use the information below to compute the days in the cash conversion cycle for
ces QS 22-20 (Algo) Cash conversion cycle LO A4 (1) Use the information below to compute the days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash based on this measure? Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding Sparta Company Athens Company 42 55 25 29 32 37 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information below to compute the number of days in the cash conversion cycle for each company. Cash conversion cycle Sparta Company Athens Company
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