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AR company has the following financial statement information: Item Inventory Accounts receivable Accounts payable Credit sales Cost of goods sold Beginning($) 7800.00 3500.00 7500.00 Ending($)
AR company has the following financial statement information: Item Inventory Accounts receivable Accounts payable Credit sales Cost of goods sold Beginning($) 7800.00 3500.00 7500.00 Ending($) 10200.00 4500.00 7900.00 90000.00 56000.00 Assume that there are 365 days yearly, answer the following questions. (a) Calculate the operating cycle
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