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Natcher Corporations accounts receivable at the end of Year 2 was $139,000 and its accounts receivable at the end of Year 1 was $146,000. The
Natcher Corporations accounts receivable at the end of Year 2 was $139,000 and its accounts receivable at the end of Year 1 was $146,000. The companys inventory at the end of Year 2 was $143,000 and its inventory at the end of Year 1 was $134,000. Sales, all on account, amounted to $1,397,000 in Year 2. Cost of goods sold amounted to $814,000 in Year 2. The companys operating cycle for Year 2 is closest to 99.1 days
1) pick an industury Natcher might be part of and explain why it is good or if it is not-so-good in your opinion
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