The income statement and additional data of Raybom Services, Inc., follow: E:I (Click the icon to view the income statement.) (Click the icon to view the additional data.) Read the requirements. Requirement 1. Calculate the cash conversion cycle for Rayborn Services. Round all calculations to two decimal places. Assume all sales are on credit. (Use a 365-day year for computations. Do not round any intermediary calculations, but then round each amount you enter into the table below to two decimal places, X.XX. Abbreviation used: AP = accounts payable; AV= accounts receivable.) Requirement 2. Comment on Rayborn Services' cash conversion cycle, assuming it was 85.64 days for the prior year. Data table Data table More info Additional data: Data from the comparative balance sheet follow: Requirements 1. Calculate the cash conversion cycle for Rayborn Services. Round all calculations to two decimal places. Assume all sales are on credit. 2. Comment on Rayborn Services' cash conversion cycle, assuming it was 85.64 days for the prior year