6. Calculate the Operating and Cash Cycles.
Item				Beginning		Ending
Inventory				$10,000		$11,000
Accounts Receivable				$5,000		$6,000
Accounts Payable				$6,000		$65,000
	Net Sales				$140,000
	Cost of Goods Sold				$85,000
Operating Cycle			Days
Cash Cycle			Days

Please put the excel formulas en step by step solution so i can understand . thank you

What does Operating and Cash Cycles tell you? Why are they important?