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what are the solutions? Santana Rey's two departments. Computer Consulting Services and Computer Workstation Furnifure Manufacturing. have each been profitable for Business Solutions. Santana has
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Santana Rey's two departments. Computer Consulting Services and Computer Workstation Furnifure Manufacturing. have each been profitable for Business Solutions. Santana has heard of the cash conversion cycle and wants to use it as another performance rneasure for the workstation manufacturing department. Data below are for the most recent two quarters. DayssalesinaccountsreceivableDayssalesininventoryDayspayableoutstanding1.tQuarter35days41days47days2ndQuarter37days40days44days Required: 1&2 Compute cash conversion cycle for the first quarter and second quarter. 3. Did cash conversion cycle improve or worsen from the first to the second quarter? Complete this question by entering your answers in the tabs below. Req 1 and 2Req3 Compute cash conversion cycle for the first quarter and second quarter. \begin{tabular}{|l|c|c|} \hline & 1st Quarter & 2nd Quarter \\ \hline Cash conversion cycle & & \\ \hline \end{tabular} Req3>Step by Step Solution
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