Cash Conversion Cycle: You will be examining four companies: Apple, Amazon, Walmart, and Costco. Please...

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Cash Conversion Cycle: You will be examining four companies: Apple, Amazon, Walmart, and Costco. Please complete the assignment using Microsoft Excel. Part 1: Get the financial statements of those companies for 2020. Part 2: Calculate the Cash Conversion Cycle, breaking it down to three components. Part 3: Explain the meaning of the three components and the final number you get for the Cash Conversion Cycle. Part 4: Compare the Cash Conversion Cycle values of those four companies and explain what might be the reason behind that difference. Part 5: Comment on how "Lower Cash Conversion Cycle" values might translate into "Higher Profits/Returns

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