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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 10,183 12,536 Accounts
Consider the following financial statement data for Flip Sound Systems:
Flip Sound Systems Financial Statement Data | ||
Item | Beginning Balance | Ending Balance |
Inventory | 10,183 | 12,536 |
Accounts Receivable | 6,688 | 7,157 |
Accounts Payable | 8,240 | 10,789 |
Net Sales | 99,499 | |
Cost of Goods Sold | 62,492 |
What is Flips Cash Cycle? (Round answers to 1 decimal place)
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