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Consider the following financial statement information for the Schwertzec Corporation: Item Beginning Ending Inventory $ 10,400 $ 11,400 Accounts receivable 5,400 5,700 Accounts payable 7,600

Consider the following financial statement information for the Schwertzec Corporation:

Item Beginning Ending
Inventory $ 10,400 $ 11,400
Accounts receivable 5,400 5,700
Accounts payable 7,600 8,000
Credit sales $ 84,000
Cost of goods sold 64,000

Calculate the operating and cash cycles.

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