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Question 5 1 pts Libscomb Technologies' annual sales are $6,165,591 and all sales are made on credit, it purchases $3,583,895 of materials each year (and
Question 5 1 pts Libscomb Technologies' annual sales are $6,165,591 and all sales are made on credit, it purchases $3,583,895 of materials each year (and this is its cost of goods sold). Libscomb also has $504,542 of inventory, $530,210 of accounts receivable, and $440,918 of accounts payable. Assume a 365 day year. What is Libscomb's Operating Cycle (in days)
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