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Consider the following financial statement information for the Mediate Corporation: Item Beginning Ending Inventory $ 7,151 $ 8,665 Accounts receivable 4,342 5,261 Accounts payable 5,888

Consider the following financial statement information for the Mediate Corporation:

Item Beginning Ending
Inventory $ 7,151 $ 8,665
Accounts receivable 4,342 5,261
Accounts payable 5,888 7,135
Credit sales $ 69,331
Cost of goods sold 44,903

Required:
(a) Calculate the operating cycles. (Do not round your intermediate calculations.)
(Click to select) 93.14days 36.63days 39.00days 85.98days 89.56days

(b) Calculate the cash cycle. (Do not round your intermediate calculations.)
(Click to select) 35.17days 91.93days 89.56days 124.08days 36.63days

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