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Consider the following financial statement information for the Newk Corporation: Ending $7,319 4,444 6,026 Item Inventory Accounts Beginning $5,384 3,269 receivable Accounts payable 4,433 $58,561
Consider the following financial statement information for the Newk Corporation: Ending $7,319 4,444 6,026 Item Inventory Accounts Beginning $5,384 3,269 receivable Accounts payable 4,433 $58,561 Credit sales Cost of goods 33,809 sold Calculate the operating and cash cycles
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