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Consider the following financial statement data for Flip Sound Systems: Flip Sound Systems Financial Statement Data Item Beginning Balance Ending Balance Inventory 10,895 12,195 Accounts
Consider the following financial statement data for Flip Sound Systems:
Flip Sound Systems Financial Statement Data | ||
Item | Beginning Balance | Ending Balance |
Inventory | 10,895 | 12,195 |
Accounts Receivable | 6,759 | 7,596 |
Accounts Payable | 8,364 | 10,287 |
Net Sales | 99,690 | |
Cost of Goods Sold | 60,045 |
What is Flips Cash Cycle? (Round answers to 1 decimal place. Do not round intermediate calculations)
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