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Question 26 1 pts The following inventory and sales data are available for the current year for C Company. C Company uses a 360-day year when computing ratios. Net Credit Sales Cost of Goods Sold Gross Receivable Inventory July 1 320,000 780,000 June 30 P6,205,000 P4,380,000 P350,000 P960,000 C Company's operating cycle for Year 2 is 23.55 92.21 99.21 90.06 90.95