Calculating Cycle s Consider the following financial statement information for the Bulldog Icers Corporation: Item Beginning Ending

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Calculating Cycle s Consider the following financial statement information for the Bulldog Icers Corporation:

Item Beginning Ending Inventory $17,385 $19,108 Accounts receivable 13,182 13,973 Accounts payable 15,385 16,676 Net sales $178,312 Cost of goods sold 140,382 Calculate the operating and cash cycles. How do you interpret your answer?

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