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Ansley Inc. wants to understand its operating and cash cycle better. With the information from the firm's financial statements below, please help them to calculate
Ansley Inc. wants to understand its operating and cash cycle better. With the information from the firm's financial statements below, please help them to calculate their operating and cash cycle.
Cost of Goods Sold: 525,000
Average Inventory: 310,000
Credit Sales: 750,000
Average Receivables: 198,000
Average Payables: 115,000
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