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Consider the following financial statement data for Flip Sound Systems: Flip Sound System Financial Statement Data Item Beginning Balance Ending Balance 10,754 Inventory 12,092 Accounts
Consider the following financial statement data for Flip Sound Systems: Flip Sound System Financial Statement Data Item Beginning Balance Ending Balance 10,754 Inventory 12,092 Accounts Receivable 6,410 7,314 Accounts Payable 8,469 10,468 Net Sales 99,059 Cost of Goods Sold 61,862 What is Flip's Operating Cycle? (Round answers to 1 decimal place. Do not round intermediate calculations)
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