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6 Consider the following information: Item Beginning Ending Inventory $20,000 $22,000 Accounts Receivable 9,000 9,300 Accounts Payable 10,200 10,600 Net Sales $100,000 Cost of Goods
6
Consider the following information:
Item | Beginning | Ending |
Inventory | $20,000 | $22,000 |
Accounts Receivable | 9,000 | 9,300 |
Accounts Payable | 10,200 | 10,600 |
Net Sales | $100,000 | |
Cost of Goods Sold | $80,000 |
What will be the operating cycle in this case?
Group of answer choices
14.74
132.31
129.21
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