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Please help 3.2 Consider the following financial statement information for the Windhoek Balloon Company: Item Beginning 7603 Ending 8319 Inventory Accounts receivable 4226 4787 6291

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3.2 Consider the following financial statement information for the Windhoek Balloon Company: Item Beginning 7603 Ending 8319 Inventory Accounts receivable 4226 4787 6291 7100 Accounts payable Net sales R62 311 Cost of goods sold R50 625 Calculate the operating cycle and cash cycle. Provide your final answers only 3.2.1 Operating Cycle [3] 3.2.2 Cash Cycle [3]

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