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*** Please show to solve in excel with formulas**** Consider the following financial statement information for ABC Corporation. Item Beginning Ending Inventory $10407 $10822 Accounts

*** Please show to solve in excel with formulas****

Consider the following financial statement information for ABC Corporation.

Item Beginning Ending
Inventory $10407 $10822
Accounts Receiveable 6840 7301
Accounts Payable 7221 6948
Nets Sales $146400
Cost of goods sold 82500

Assume all sales are on credit.

a. How long is the cash cycle?

b. How long is the operating cycle?

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