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QS 2 2 - 2 0 ( Algo ) Cash conversion cycle LO A 4 ( 1 ) Use the information below to compute the

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QS 22-20(Algo) Cash conversion cycle LO A4
(1) Use the information below to compute the days in the cash conversion cycle for each company.
(2) Which company is more effective at managing cash based on this measure?
\table[[Days' sales in accounts receivable,\table[[Sparta],[Company]],\table[[Athens],[Company]]],[Days', sales in inventory,52,65],[Days' payable outstanding,30,34]]
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Use the information below to compute the number of days in the cash conversion cycle for each company.
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