Cap. 16 i 54 YouTube es Mi Banco | Portal A Item Inventory Accounts receivable Accounts payable Net sales Consider the following financial statement information for the Newk Corporation: Cost of goods sold Socials Operating cycle Cash cycle Beginning $ 12,435 6,120 7,930 College days days $ 143,187 79,218 Saved Ending $ 15,615 6,287 9,140 Assume all sales are on credit. Calculate the operating and cash cycles. Note: Do not round intermediate calculations and round your answers to 2 decimal places.