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I need help calculating operating and cash cycles. thank you Consider the following financial statement information for the Rivers Corporation: Item Beginning Ending Inventory $
I need help calculating operating and cash cycles. thank you
Consider the following financial statement information for the Rivers Corporation: |
Item | Beginning | Ending | |||||||
Inventory | $ | 10,100 | $ | 11,100 | |||||
Accounts receivable | 5,100 | 5,400 | |||||||
Accounts payable | 7,300 | 7,700 | |||||||
Net sales | $ | 81,000 | |||||||
Cost of goods sold | 61,000 |
Calculate the operating and cash cycles. |
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