Question: show work (Chapter 26 - Original Text) Use the following information to answer questions 16 to 12. You are a consultant for Paschke Consulting Services.


(Chapter 26 - Original Text) Use the following information to answer questions 16 to 12. You are a consultant for Paschke Consulting Services. Your client, the CEO of Kroger Co., has provided the following information about the firm for the year 2021: Sales of $132.50 billion with costs of goods sold equal to $101.6 billion. The average inventory is $7.07 billion, accounts receivable average is $1.745 billion, and payable average is $6.515 billion. Assume a 365-day year Calculate the operating cycle and cash cycle for the firm, A competitor Altertion has Accounts Receivable period of 262 conventory Period of 3205 days and conside Period of 23.62 Cakule the cyck and Cath.cycle for Albertson in your opinions on doing better or wors than Albertson As a consultant what specic chu would you recommend to be regarding the Payable Period and to Albertson for the Inventory Period (Each recommendation must be of two sentences
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