Question
Sejong, Inc. has the following information. (One year has 360 days) beginning ending inventory 100,000 100,000; acc. Receivable 620,000 580,000; acc. Payable 100,000 120,000. Also,
Sejong, Inc. has the following information. (One year has 360 days) beginning ending inventory 100,000 100,000; acc. Receivable 620,000 580,000; acc. Payable 100,000 120,000. Also, sales 2,000,000; COGS 1,800,000. The operating cycle spans ( days), and the cash cycle ( days). And if Sejong, Inc. has problems, how would you fix them?
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
