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Question 4 1 pts Libscomb Technologies' annual sales are $5.785,482 and all sales are made on credit, it purchases $4,011,855 of materials each year and
Question 4 1 pts Libscomb Technologies' annual sales are $5.785,482 and all sales are made on credit, it purchases $4,011,855 of materials each year and this is its cost of goods sold). Libscomb also has $537,759 of inventory, $1,475,000 of accounts receivable, and $1,400,000 of accounts payable. Assume a 365 day year What is Libscomb's Receivables Period (in days)? Question 5 Its Libscomb Technologies' annual sales are $5,804,464 and all sales are made on credit. It purchases $4.173.624 of materials each year and this is its cost of goods sold). Libscomb also has 5561.739 of inventory. $501.281 of accounts receivable, and $487.603 of accounts payable. Assume a 365 day year What is Libscomb's Operating Cycle (in days)? Contour Now it to the ute
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