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Consider the following financial statement information for the Amaryliss Corporation: Beg Inventory $10,882 Ending$11,680 Accounts receivable 6,151 6,681 Accounts payable 6,452 6,793 Net sales $139,803
Consider the following financial statement information for the Amaryliss Corporation:
Beg Inventory $10,882 Ending$11,680 Accounts receivable 6,151 6,681 Accounts payable 6,452 6,793 Net sales $139,803 Cost of goods sold 87,613 Assume all sales are on credit. Calculate the operating and cash cycles. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Operating cycle days
Cash cycle days
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