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Given the following information, calculate the operating cycle and cash cycle (round each number up or down to the nearest 1 decimal): Credit Sales $80,000
Given the following information, calculate the operating cycle and cash cycle (round each number up or down to the nearest 1 decimal): Credit Sales $80,000 Cost of Goods Sold (COGS) $50,000 2013 ($) 2012 ($). Accounts Receivables 19,000 21,000 Inventory 14,000 16,000 Accounts Payable 18,000 22,000 The operating cycle and cash cycle, respectively are closest to: Select one: a. 202 days; 56 days b. 111 days; 52 days 160 days; 14 days d. 202 days; 111 days 111 days; 30 days C. e
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