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Solve the following case Topple Co has the following figures planned for its first year of operations: 1 . Sales $ 3 , 6 0

Solve the following case
Topple Co has the following figures planned for its first year of operations:
1. Sales $3,600,000
2. Shopping expenses $3,000,000
3. Average receivables $306,000
4. Average inventory $495,000
5. Average accounts payable $230,000
6. Average overdraft $500,000
7. Gross profit margin 25%
8. Average industry data
9. Inventory days 53
10. Accounts receivable on the 23rd
11. Days to be paid 47
12. Circulating reason 1.43
13. Suppose there are 365 days in the year.
Calculate and comment on the cash operating cycle, the current index, the quick index and the working capital sales index of Topple Co.

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