please answer A & B

(Cash conversion cycle) Historical data for the firm's sales, accounts receivable, Inventories, and accounts payable for the Crimson Mig Company follow I a. Calculate Crimson's days of sales outstanding, days of payables outstanding, and days of sales in inventory for each of the 5 years. (Assume a 365-day year. Hint Assume that the firm's cost of goods sold equals 70% of sales.) What has Crimson accomplished in its atempts to better manage its investments in account receivable and inventory? b. Calculate Crimson's cash conversion cycle for each of the 5 years. Evaluate the firm's overall management of its working capital. Assume a 365-day year. a. Calculate Crimson's days of sales outstanding, days of payables outstanding, and days of sales in inventory for each of the 5 years. Assume a 365-day year. Hint: Assume that the firm's cost of goods sold equals 70% of sales. (Round to two decimal places.) 2015 2016 Days of sales outstanding (DSO) 2014 2017 2018 = Urmson's days of sales outstanding days of payables outstanding, and days of sales in inventory for each of the 5 years. (Assume a 365-day year. at the firm's cost of goods sold equals 70% of sales.) What has Crimson accomplished in its atempts to better manage its investments in account rece ory? e Crims lay year - X Data table Crimsd at the fire (Click on the following icon in order to copy its contents into a spreadsheet.) 5-day year. les outst Sales Net Receivables-Total Acounts payable Inventories-Total 2014 4,354 608 423 333 2015 5,233 796 673 450 2016 7,923 1,079 691 641 2017 11,612 1,350 1,531 364 2018 18,438 2,271 2,424 364 Print Done