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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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute Google's cash conversion cycle for both the current and prior years. Current Year days Prior years days Google's cash conversion cycle
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