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Consider the following financial statement information for the Newk Corporation: Assume all sales are on credit. Calculate the operating and cash cycles. Note: Do not

Consider the following financial statement information for the Newk Corporation:
Assume all sales are on credit. Calculate the operating and cash cycles.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
\table[[Operating cycle,,days],[Cash cycle,,days]]
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