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Chapter 22- Exercise 10 Exercise 22-18 Cash conversion cycle LO A4 5 Accounts payable, and...

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Accounting

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Chapter 22- Exercise 10 Exercise 22-18 Cash conversion cycle LO A4 5 Accounts payable, and of year Accounts receivablet, end of your Inwentary, end of year et ses Cost of goods sold Current Year $5,000 21,085 1,204 190,000 107,000 Won Year 1. 16,616 7,455 160,000 124.000 Use the information above to compute the number of days in the cast conversion cycle for each year 123 Did the company manage cash more effectively in the current year? H Complete this question by entering your answers in the tabs below. Required: Bred2 Use the information above to come the number of days in the cash conversion cyde for each you (w 365 days in a you. Round calculations to the nearest whole day) Current year Chooneyde days clays Required 2 >

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