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S18-06 Calculating Cycles [LO1] Consider the following financial statement information for the Schwertzec Corporation: tem Inventory Accounts receivable Accounts payable Beginning 10 583 Ending $

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S18-06 Calculating Cycles [LO1] Consider the following financial statement information for the Schwertzec Corporation: tem Inventory Accounts receivable Accounts payable Beginning 10 583 Ending $ 12 412 5.340 7,630 5.130 7.205 Credit sales Cost of goods sold $97 381 69.382 1 Calculate the operating and cash cycles (Use 365 days a year. Do not round interme and round your final answers to2 decimal places. (e.g 32.16) Operating cycle Cash cycled days days

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