Current year information for Samsung and Google follows. Samsung $ 30,144 197,691 22,966 126,336 7,480 $ millions Accounts receivable, net Net sales Inventory Cost of goods sold Accounts payable Google $ 25,326 161,857 999 71,896 5,561 Required: 1. Compute the cash conversion cycle for both Samsung and Google for the current year. 2. Which company, Samsung or Google, was more effective at managing cash in the current year? Required 1 Required 2 Complete this question by entering your answers in the tabs below. Compute the cash conversion cycle for both Samsung and Google for the current year.

Current year information for Samsung and Google follows. Samsung $ 30,144 197,691 22,966 126,336 7,480 $ millions Accounts receivable, net Net sales Inventory Cost of goods sold Accounts payable Google $ 25,326 161,857 999 71,896 5,561 Required: 1. Compute the cash conversion cycle for both Samsung and Google for the current year. 2. Which company, Samsung or Google, was more effective at managing cash in the current year? Required 1 Required 2 Complete this question by entering your answers in the tabs below. Compute the cash conversion cycle for both Samsung and Google for the current year.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 3.5C

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