The income statement and additional data of Seacrest Services, Inc., follow: (Click the icon to view the income statement.) 1. (Click the icon to view the additional data.) Read the requirements. Requirement 1. Calculate the cash conversion cycle for Seacrest Services. Round all calculations to two decimal places. Assume alf sales are on crec (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;A/R = accounts receivable.) Requirement 2. Comment on Seacrest Services' cash conversion cycle, assuming it was 54.62 days for the prior year. As shown by the in the number of days, the cash conversion cycle has in the current year. Data table Data table 1: 1 ses. Assume nter into the sh conversi cycle maining: More info Additional data: Data from the comparative balance sheet follow: Requirements 1. Calculate the cash conversion cycle for Seacrest Services. Round all calculations to two decimal places. Assume all sales are on credit. 2. Comment on Seacrest Services' cash conversion cycle, assuming it was 54.62 days for the prior year