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Consider the following financial statement information for the Rivers Corporation: Item Beginning Ending Inventory $ 11,900 $ 12,900 Accounts receivable 6,900 7,200 Accounts payable 9,100

Consider the following financial statement information for the Rivers Corporation:

Item

Beginning

Ending

Inventory

$

11,900

$

12,900

Accounts receivable

6,900

7,200

Accounts payable

9,100

9,500

Net sales

$

99,000

Cost of goods sold

79,000

Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Operating cycle

days

Cash cycle

days

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