Exercise 22-20 (Algo) Cash conversion cycle LO A4 A manufacturer reports the data below. Accounts payable Accounts receivable Inventory Net sales Cost of goods sold $ 4,863 19,345 Current Year Prior Year $ 8,808 15,904. $6,335 193,000 131,000 128,000 7,164 215,000 (1) Compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of days in the cash conversion cycle for each year. Note: Use 365 days in a year. Round calculations to the nearest whole day.) Cash conversion cycle Current year days Prior year days Required 1 Required 2 >