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1.Glory Road Company has the following financial statement information. BeginningEnding Inventory$1,543$1,669 Accounts Receivable4,4183,952 Accounts Payable2,5512,673 Net Sales$11,500 Cost of Goods Sold8,200 Calculate the operating cycle

1.Glory Road Company has the following financial statement information.

BeginningEnding

Inventory$1,543$1,669

Accounts Receivable4,4183,952

Accounts Payable2,5512,673

Net Sales$11,500

Cost of Goods Sold8,200

Calculate the operating cycle and cash cycle

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