Average production

cycle.

Use the following account information to find the average production cycle for Rian Company.

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in order to copy its content into a spreadsheet

2013 and 2014 Selected Balance Sheet Accounts of Rian Company
	12/31/14	12/31/13	Change
Accounts receivable	$46 comma 098

$56 comma 040

$9 comma 942

Inventory

$69 comma 778

$74 comma 255

$4 comma 477

Accounts payable

$33 comma 004

$30 comma 734

$2 comma 270

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2014 Selected Income Statement Items for Rian Company
Cash sales	$574 comma 000

Credit sales	$632 comma 000
Total sales	$1 comma 206 comma 000
Cost of goods sold	$676 comma 071

What is the average production cycle for Rian Company?

days(Round to one decimal place.)

2.

P13-5 (similar to)

Average collection

cycle.

Use the following account information to find the average collection cycle for Rian Company.Click on the icon

in order to copy its content into a spreadsheet

2013 and 2014 Selected Balance Sheet Accounts of Rian Company
	12/31/14	12/31/13	Change
Accounts receivable	$33 comma 553

$40 comma 484

$6 comma 931

Inventory

$50 comma 165

$53 comma 406

$3 comma 241

Accounts payable

$24 comma 752

$22 comma 791

$1 comma 961

Click on the icon

in order to copy its content into a spreadsheet

2014 Selected Income Statement Items for Rian Company
Cash sales	$344 comma 000

Credit sales	$521 comma 000
Total sales	$865 comma 000
Cost of goods sold	$447 comma 890

What is the average collection cycle for Rian Company?

nothing

days(Round to one decimal place.)