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Sejong, Inc. has the following information. beginningending inventory100,000100,000 acc. Receivable620,000580,000 acc. Payable100,000120,000 sales2,000,000 COGS1,800,000 If one year has 360 days, the operating cycle spans (
Sejong, Inc. has the following information.
beginningending
inventory100,000100,000
acc. Receivable620,000580,000
acc. Payable100,000120,000
sales2,000,000
COGS1,800,000
If one year has 360 days, the operating cycle spans ( days), and the cash cycle ( days).
If Sejong, Inc. has problems, how would you fix them?
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