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Question 5 Consider the following information: Item Beginning Ending Inventory $8,000 $7,500 Accounts Receivable 60,000 65,000 Accounts Payable 4,500 4,000 Net Sales $600,000 Cost of
Question 5
Consider the following information:
Item | Beginning | Ending |
Inventory | $8,000 | $7,500 |
Accounts Receivable | 60,000 | 65,000 |
Accounts Payable | 4,500 | 4,000 |
Net Sales | $600,000 | |
Cost of Goods Sold | $305,000 |
What will be the operating cycle in this case?
Group of answer choices
48.95
81.38
47.3
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