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Consider the following financial statement information for the Amaryliss Corporation: Item Beginning Ending Inventory $10,282 $11,080 Accounts receivable 5,551 6,081 Accounts payable 5,852 6,193 Net

Consider the following financial statement information for the Amaryliss Corporation:
Item Beginning Ending
Inventory $10,282 $11,080
Accounts receivable 5,551 6,081
Accounts payable 5,852 6,193
Net sales $139,203
Cost of goods sold 87,013

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

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