Compute Cash Conversion Cycle for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions HAL SLB Total revenue $23,275 $31,831 Cost of sales and services 20,379 27,624 Average accounts receivable 5,135 7,983 Average inventory 2,712 4,028 Average accounts payable 2,786 10,130 a. Compute the following measures for both companies. Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555). HAL SLB 1. Days sales outstanding (DSO) Answer Answer 2. Days inventory outstanding (DIO) Answer Answer 3. Days payables outstanding (DPO) Answer Answer 4. Cash conversion cycle (CCC) Answer Answer b. Which company better manages its accounts receivable? Answer c. Which company uses inventory more efficiently? Answer d. Which company better manages its accounts payable? Answer