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7. Consider the following financial statement information for ABC Company. Item Beginning Ending Inventory RM1,273 RM1,401 Accounts receivable RM3,782 Accounts payable RM1,795 RM2,025 Net sales

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7. Consider the following financial statement information for ABC Company. Item Beginning Ending Inventory RM1,273 RM1,401 Accounts receivable RM3,782 Accounts payable RM1,795 RM2,025 Net sales RM14,750 Cost of goods sold RM11,375 Calculate the operating and cash cycles. RM3,368

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