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Please display your answers in spreadsheet form with formulas... No number of days was given Use the following information to: a. Calculate the cash conversion

Please display your answers in spreadsheet form with formulas...No number of days was given

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Use the following information to: a. Calculate the cash conversion cycle, and interpret the numbers INCOME STATEMENT Sales Cost of goods sold COCA-COLA 23,104 8,195 PEPSI 32,562 14,176 COCA-COLA PEPSI BALANCE SHEET Assets Cash and Cash Equivalents Short-term Investments Accounts Receivables Inventory Other Current Assets Total Current Assets Total Assets 4.701 66 2,281 1,424 1,778 1,716 3,166 3,261 1,693 618 10,454 31,727 29,427 Financed by: Accounts Payable Short-term debt Other Current Liabilities Total Current Liabilities COCA-COLA 5,290 4,546 PEPSI 5,357 2,889 1,160 9,406

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