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$9,254 Consider the following financial statement information for the Mediate Corporation: Item Inventory Beginning Ending $ 10,769 Accounts 5,619 6,538 receivable Accounts payable 7,620
$9,254 Consider the following financial statement information for the Mediate Corporation: Item Inventory Beginning Ending $ 10,769 Accounts 5,619 6,538 receivable Accounts payable 7,620 8,867 Credit sales $86,159 Cost of goods 58,110 sold Required: (a)Calculate the operating cycles. (Do not round your intermediate calculations.) (Click to select) (b)Calculate the cash cycle. (Do not round your intermediate calculations.) (Click to select)
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