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Information for Google follows. $ millions Accounts receivable, net Net sales Inventory Cost of goods sold Accounts payable Current Year $ 25,326 161,857 999 71,896
Information for Google follows. $ millions Accounts receivable, net Net sales Inventory Cost of goods sold Accounts payable Current Year $ 25,326 161,857 999 71,896 5,561 One Year Prior $ 20,838 136,819 -1, 107 59,549 4,378 Required: 1. Compute Google's cash conversion cycle for both the current and prior years. 2. Did Google become more effective at managing cash in the current year
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