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Consider the following financial statement information for the Amaryliss Corporation: Item Beginning Ending Inventory $11,482 $12,280 Accounts receivable 6,751 7,281 Accounts payable 7,052 7,393 Net

Consider the following financial statement information for the Amaryliss Corporation:

Item Beginning Ending
Inventory $11,482 $12,280
Accounts receivable 6,751 7,281
Accounts payable 7,052 7,393
Net sales $140,403
Cost of goods sold 88,213

Assume all sales are on credit. Calculate the operating and cash cycles.

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