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Consider the following financial statement information for the Mediate Corporation: Item Beginning Ending Inventory $ 12,620 $ 14,723 Accounts receivable 7,662 8,939 Accounts payable 10,391

Consider the following financial statement information for the Mediate Corporation:

Item Beginning Ending
Inventory $ 12,620 $ 14,723
Accounts receivable 7,662 8,939
Accounts payable 10,391 12,122
Credit sales $ 117,796
Cost of goods sold 79,241

Required:
(a) Calculate the operating cycles. (Do not round your intermediate calculations.)
(Click to select)37.25days88.69days36.84days85.15days92.24days

(b) Calculate the cash cycle. (Do not round your intermediate calculations.)
(Click to select)88.69days35.37days89.10days123.46days36.84days

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