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Consider the following financial statement information for the Mediate Corporation: Item Beginning Ending Inventory $ 4,880 $ 6,310 Accounts receivable 2,963 3,831 Accounts payable 4,018

Consider the following financial statement information for the Mediate Corporation:

Item Beginning Ending
Inventory $ 4,880 $ 6,310
Accounts receivable 2,963 3,831
Accounts payable 4,018 5,195
Credit sales $ 50,484
Cost of goods sold 30,640

Required:
(a) Calculate the operating cycles. (Do not round your intermediate calculations.)
(Click to select)42.09days91.21days94.86days36.34days87.56days

(b) Calculate the cash cycle. (Do not round your intermediate calculations.)

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