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Current year Information for Samsung and Google follows. $ millions Accounts receivable, net Net sales Inventory Cost of goods sold Accounts payable Samsung $ 30,144
Current year Information for Samsung and Google follows. $ millions Accounts receivable, net Net sales Inventory Cost of goods sold Accounts payable Samsung $ 30,144 197, 691 22,966 126,336 7,480 Google $ 25, 326 161,857 999 71,896 5,561 Required: 1. Compute the cash conversion cycle for both Samsung and Google for the current year. 2. Which company, Samsung or Google, was more effective at managing cash in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cash conversion cycle for both Samsung and Google for the current year. Samsung Google The cash conversion cycle days days 2. Which company, Samsung or Google, was more effective at managing cash in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which company, Samsung or Google, was more effective at managing cash in the current year? Google was more effective at managing cash in the current year.
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