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Question 4 (20 marks) (a) Consider the following financial statement information for Jordan Development Ltd: Item Beginning Ending Inventory $9,338 $11,442 Accounts receivable 5,670 6,947

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Question 4 (20 marks) (a) Consider the following financial statement information for Jordan Development Ltd: Item Beginning Ending Inventory $9,338 $11,442 Accounts receivable 5,670 6,947 Accounts payable 7,689 9,421 Net sales $91,544 Cost of goods sold 58,638 How long is the cash cycle of Jordan Development Ltd.? (8 marks)

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