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Chei A company's shipping division (an investment center) has sales of $2,570,000, net income of $873,800, and average invested assets of $2,056,000. Compute the Division's
Chei A company's shipping division (an investment center) has sales of $2,570,000, net income of $873,800, and average invested assets of $2,056,000. Compute the Division's Profit Margin. Choose Numerator: Choose Denominator: = Profit Margin = Profit margin Compute the Division's Investment Turnover. Choose Numerator: Choose Denominator: Investment Turnover Investment turnover (1) Use the information below to compute the number of days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash? Spartan Co. Chen Co. Days' sales in accounts receivable Days' sales inventory Days' sales in accounts payable Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information below to compute the number of conversion cycle for each company. Spartan Co. Cash to cash conversion (1) Use the information below to compute the number of days in the cash conversion cycle for each company. (2) Which company is more effective at managing cash? Spartan Co. Chen Co. 48 61 Days' sales in accounts receivable Days' sales inventory Days' sales in accounts payable 40 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which company is more effective at managing cash? More Effective Cash Management ( Required 1
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