Question
Suppose the following: Beginning Inventory = 11202 Ending Inventory= 12259 Beginning Receivables = 6123 Ending Receivables = 6623 Beginning Payables = 8425 Ending Payables =
Suppose the following: Beginning Inventory = 11202 Ending Inventory= 12259 Beginning Receivables = 6123 Ending Receivables = 6623 Beginning Payables = 8425 Ending Payables = 8827 Credit Sales = 91254 Cost of Goods Sold = 72320 Calculate the following (round final answers to 2 decimal places): Operating Cycle = days Cash Cycle = days
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
