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Consider the following financial statement information for the Mediate Corporation: Item Beginning Ending Inventory $ 11,778 $ 13,881 Accounts receivable 7,151 8,428 Accounts payable 9,698

Consider the following financial statement information for the Mediate Corporation:

Item Beginning Ending
Inventory $ 11,778 $ 13,881
Accounts receivable 7,151 8,428
Accounts payable 9,698 11,430
Credit sales $ 111,065
Cost of goods sold 73,958

Required:
(a) Calculate the operating cycles. (Do not round your intermediate calculations.)
(Click to select)88.92days85.36days37.72days36.78days92.47days

(b) Calculate the cash cycle. (Do not round your intermediate calculations.)
(Click to select)35.31days123.61days89.85days88.92days36.78days

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