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2 study problems.doc Word aces Mailings Review View a E 211 E-A- IE. . . Normal 1 No Space Heading1 Heading 2 Title Paragraph Subtitle

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2 study problems.doc Word aces Mailings Review View a E 211 E-A- IE. . . Normal 1 No Space Heading1 Heading 2 Title Paragraph Subtitle Consider the following financial statement information for the Bulldog Icers Corporation Item Beginning Ending Inventory $9,338 $11,550 Accounts receivable 5,670 6,947 Accounts payable 7,689 9,625 Net sales $82,544 Cost of goods sold 58,638 a) What is the inventory period for this form? b) What is the receivables period for this firm? c) What is the payables period for this firm? I d) What is the cash cycle for this firm

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