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AC Corporation has beginning accounts receivable of $6,800 and ending accounts receivable of $7,650. The inventory period is 72 80 days and the accounts payable
AC Corporation has beginning accounts receivable of $6,800 and ending accounts receivable of $7,650. The inventory period is 72 80 days and the accounts payable turnover is 707. Net sales are $109,100 and costs of goods sold are $56.220. a What is the accounts recevable period? (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) D. How many days are in the operating cycle? (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) How many clays are in the cash cycle? (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16) . b. Accounts Recievable period Operating cycle Cash cycle days days days G
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