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Louie Corporation has provided the following data: Year 2 Year 1 Accounts receivable $269,000 $290,000 Inventory $190,000 $160,000 Sales, on account $1,340,000 Cost of goods
Louie Corporation has provided the following data: Year 2 Year 1 Accounts receivable $269,000 $290,000 Inventory $190,000 $160,000 Sales, on account $1,340,000 Cost of goods sold $860,000 The company's operating cycle for Year 2 is closest to:
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