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Problems (50 Points): 6. Use the following information for the XYZ company to answer the questions: Beginning 400,000 Inventory: Accounts Receivable: Beginning 320,000 Accounts Payable:
Problems (50 Points): 6. Use the following information for the XYZ company to answer the questions: Beginning 400,000 Inventory: Accounts Receivable: Beginning 320,000 Accounts Payable: Beginning = 150 Net sales 2.300,000 Cost of Goods sold = 1.640.000 Ending = 600.000 Ending 400,000 Ending 200.000 .000 a) What is the inventory period for this firm? b) What is the receivables period for this firm? c) What is the payables period for this fim? d) What is the cash cycle for this firm
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