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Intro You have the following balance sheet and income statement information for Epic Corp.: Balance sheet Accounts receivable (A/R) 2,700 Inventory 3,800 Accounts payable
Intro You have the following balance sheet and income statement information for Epic Corp.: Balance sheet Accounts receivable (A/R) 2,700 Inventory 3,800 Accounts payable (A/P) 700 Income statement Sales 7,600 Cost of goods sold (COGS) 6,080 All sales and purchases were on credit. Part 1 BAttempt 1/10 for 10 pts. How long is the inventory period (average days in inventory) (in days)? 0+ decimals Submit Part 2 BAttempt 1/10 for 10 pts. How long is the accounts receivable period (average collection period) (in days)? 0+ decimals Submit
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