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Consider the following financial statement information for the Carlboo Corporation: Item Inventory Accounts receivable Accounts payable Credit sales Ending Cost of goods sold $ 1
Consider the following financial statement information for the Carlboo Corporation:
Item
Inventory
Accounts receivable
Accounts payable
Credit sales
Ending
Cost of goods sold
$
Calculate the operating andcash cycles. Use days a year. Do not round intermediate calculations. Round the final answers to
decimal places.
Operating cycle
Cash cycle
days
days
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