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give the full formulas and calculastions and write an interpreatation comparison Thanks in Advance Let's take a look at these figures for two different companies,

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give the full formulas and calculastions and write an interpreatation comparison

Thanks in Advance

Let's take a look at these figures for two different companies, Apple and Macy's using figures from their most recently filed Annual Reports. Dollar figures in Millions of USD Apple Macy's S164 68700 $26405.00 l 2012 Revenue S 95,668.00 S15,738 00 2012 COGS 2012 Avg. AR 10,264.00 S 353.00 2012 Avg. Inv. S 1,346.00 S 4,937.00 2012 Avg. AP S22 309.00 32656.00 Calculate and compare operating cycle and cash conversion cycles of these companies

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