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QUESTION 12 Prestige Company has determined the following information for its recent fiscal year, Days inventory outstanding 41.4 days Days payable outstanding 53.7 days Days

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QUESTION 12 Prestige Company has determined the following information for its recent fiscal year, Days inventory outstanding 41.4 days Days payable outstanding 53.7 days Days sales outstanding 90 days Compute Prestige Company's cash conversion cycle. (Round your answer to one decimal places and omit"days." For example, if your answer is 10.27 days, enter "10.3) QUESTION 14 McKinnon Enterprises owns a professional ice hockey team, the Rockford Penguins. The company sells season tickets for its upcoming season and receives $872,462 cash. The season starts January 1, 2018, with five home games occurring monthly over the next six months. What is the balance in the company's deferred revenue account at the end of April 2018? Assume the deferred revenue account had a zero balance on January 1, 2018. (Round your answer to two decimal places and omit the "S" sign. For example, if your answer is $1,000, type in "1000.00")

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