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Problem 16-6 Calculating Cycles (LO 1) Consider the following financial statement information for the Amaryliss Corporation: Item Inventory Accounts receivable Accounts payable Net sales Cost

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Problem 16-6 Calculating Cycles (LO 1) Consider the following financial statement information for the Amaryliss Corporation: Item Inventory Accounts receivable Accounts payable Net sales Cost of goods sold Beginning $11,082 6,351 6,652 Ending $11,880 6,881 6,993 $140,003 87,813 Assume all sales are on credit. Calculate the operating and cash cycles. (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Operating cycle Cash cycle days days

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