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Finelines and EcoTrends, competitors in the furniture manufacturing business, have provided the following financial data. $ thousands Finelines EcoTrends Total revenue $18,456 $21,460 Cost of
Finelines and EcoTrends, competitors in the furniture manufacturing business, have provided the following financial data. $ thousands Finelines EcoTrends Total revenue $18,456 $21,460 Cost of goods sold 11,074 12,876 Average accounts receivable 3,322 4,507 Average inventory 2,215 3,090 Average accounts payable 2,484 3,434 a. Compute the listed measures for both companies. NOTE: When available, use the exact measure already calculated. Numerator Denominator AR turnover AR turnover Answer 1 Answer 2 Finelines Answer 3 0 Answer 4 0 EcoTrends Answer 5 0 Answer 6 0 Days sales outstanding (DSO) Answer 7 Answer 8 Finelines Answer 9 0 Answer 10 0 EcoTrends Answer 11 0 Answer 12 0 Inventory turnover Answer 13 Answer 14 Finelines Answer 15 0 Answer 16 0 EcoTrends Answer 17 0 Answer 18 0 Days inventory outstanding (DIO) Answer 19 Answer 20 Finelines Answer 21 0 Answer 22 0 EcoTrends Answer 23 0 Answer 24 0 AP turnover Answer 25 Answer 26 Finelines Answer 27 0 Answer 28 0 EcoTrends Answer 29 0 Answer 30 0 Days payables outstanding (DPO) Answer 31 Answer 32 Finelines Answer 33 0 Answer 34 0 EcoTrends Answer 35 0 Answer 36 0 b. Compute the cash conversion cycle (CCC) for each company
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