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Q.1 Q2. A manufacturer reports the data below. (1) Compute the number of days in the cash conversion cycle for each year. (2) Did the
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A manufacturer reports the data below. (1) Compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Compute the number of days in the cash conversion cycle for each year: Note: Use 365 days in a year. Round calculations to the nearest whole day.) Exercise 9-14 (Algo) Return on investment LO A1 A company reports the following for the past year. The company's CFO believes that income for next year will be $3,164,000. Average assets will be the same as the past year. 1. Compute return on investment for the past year. 2. If the CFO's forecast is correct, what will return on investment be for next year? Complete this question by entering your answers in the tabs below. Compute return on investment for the past year. Exercise 9-20 (Algo) Cash conversion cycle LO A4 A manufacturer reports the data below. (1) Compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Did the company manage cash more effectively in the current year? Did the company manage cash more effectively in the current year? A company reports the following for the past year. The company's CFO believes that income for next year will be $3,164,000. Average assets will be the same as the past year. 1. Compute return on investment for the past year. 2. If the CFO's forecast is correct, what will return on investment be for next year? Complete this question by entering your answers in the tabs below. If the CFO's forecast is correct, what will return on investment be for next year Q2.
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