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Consider the following financial statement information for the Sourstone Corporation: Item Inventory Accounts receivable Accounts payable Net sales Cost of goods sold Beginning $10,482 5.751

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Consider the following financial statement information for the Sourstone Corporation: Item Inventory Accounts receivable Accounts payable Net sales Cost of goods sold Beginning $10,482 5.751 6,052 Ending $11,280 6.281 6,393 $139,403 87,213 Assume all sales are on credit. Calculate the operating and cash cycles. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) days Operating cycle Cash cycle days

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