Question
Company 1 Current Assets 61,469 Accounts Receivable 54,261 Inventory 44,920 Total Assets 113,264 Current Liabilities 78,418 Total Liabilities 85,871 Sales 511,848 Gross Profit 125,314 Calculate
Company 1
Current Assets 61,469
Accounts Receivable 54,261
Inventory 44,920
Total Assets 113,264
Current Liabilities 78,418
Total Liabilities 85,871
Sales 511,848
Gross Profit 125,314
Calculate the length in days of the operating cycle. *Please round to the nearest day (whole number).
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
