1. Szabo Company computed the following data for 2003:

Days' sales in receivables: 38.7 days

Accounts receivable turnover: 9.6 times

Accounts receivable turnover in days: 33.1 days

Days' sales in inventory: 68.5 days

Merchandise inventory turnover: 5.9 times

Inventory turnover in days: 58.7 days.

The estimated operating cycle for 2003 is , Need all calculation detail

2.Tim Company had sales of $30,000, an increase in accounts payable of $5,000, a decrease in accounts receivable of $1,000, an increase in inventories of $4,000, and a depreciation expense of $4,000. What was the cash collected from customers? Need all calculation detail

3. Francis Company had operating expenses of $20,000 and depreciation expenses of $4,000. What was the cash paid for operating expenses? Need all calculation detail