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D Question 4 1 pts Libscomb Technologies' annual sales are $6,270,543 and all sales are made on credit, it purchases $4,217,655 of materials each year

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D Question 4 1 pts Libscomb Technologies' annual sales are $6,270,543 and all sales are made on credit, it purchases $4,217,655 of materials each year (and this is its cost of goods sold). Libscomb also has $570,818 of inventory, $1,475,000 of accounts receivable, and $1,400,000 of accounts payable. Assume a 365 day year. What is Libscomb's Receivables Period (in days)? Question 5 1 pts Libscomb Technologies' annual sales are $5,563,898 and all sales are made on credit, it purchases $4,150,797 of materials each year (and this is its cost of goods sold). Libscomb also has $520,636 of inventory, $509,053 of accounts receivable, and $471,506 of accounts payable. Assume a 365 day year. What is Libscomb's Operating Cycle (in days)

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