use table below. summarize from cfa magazine 2006 working capital survey to answer this question. compare genzyme's ccc to that of quest diagnosis what do the ccc for the two companies tell us about their working capital management? suppose that genzyme's annual sales are 2,734,842,000 and cost of capital is 15%. if genzyme's ccc drops to the level of quest, how much savings will genzyme's generate in net working capital and 2 hat is the annual benefit of the savings in dollars?

ratio. genzyme's. quest days sales outstanding. 81.5. 48.6 days inventory.outstanding. 39 7. 5.2 days payable outstanding. 12.9. 12.8 cash conversion cycle. 108.3. 40.9