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Consider the following financial statement information for the Mediate Corporation: Beginning $ 8,413 Ending $ 9,843 5,108 5,976 Item Inventory Accounts receivable Accounts payable Credit
Consider the following financial statement information for the Mediate Corporation: Beginning $ 8,413 Ending $ 9,843 5,108 5,976 Item Inventory Accounts receivable Accounts payable Credit sales Cost of goods sold 6,927 8,105 $ 78,755 52,827 Required: (a)Calculate the operating cycles. (Do not round your intermediate calculations.) v (Click to select) 0 ash cycle. (Do not round your intermediate calculations.) 85.21days 36.83days 37.38days 92.31days 88.76days Consider the following financial statement information for the Mediate Corporation: Beginning $ 8,413 Ending $ 9,843 5,108 5,976 Item Inventory Accounts receivable Accounts payable Credit sales Cost of goods sold 6,927 8,105 $ 78,755 52,827 Required: (a)Calculate the operating cycles. (Do not round your intermediate calculations.) (Click to select) (b)Calculate the cash cycle. (Do not round your intermediate calculations.) v (Click to select) 36.83days 123.51days 89.31days 88.76days 35.35days
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