Question
Consider the following financial statement information for the Trenbolone Palladium Corporation: Item Beginning Ending Inventory $9,215 $10,876 Accounts Receivable 5,387 5,932 Accounts Payable 7,438 7,847
Consider the following financial statement information for the Trenbolone Palladium Corporation:
| Item | Beginning |
| Ending |
| Inventory | $9,215 |
| $10,876 |
| Accounts Receivable | 5,387 |
| 5,932 |
| Accounts Payable | 7,438 |
| 7,847 |
| Net Sales |
| $85,682 |
|
| Cost of goods sold |
| 57,687 |
|
Calculate the operating and cash cycles. How do you interpret the answer?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
