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Suppose the following: Beginning Inventory = 11246 Ending Inventory= 12348 Beginning Receivables = 6431 Ending Receivables = 6493 Beginning Payables = 8353 Ending Payables =
Suppose the following: Beginning Inventory = 11246 Ending Inventory= 12348 Beginning Receivables = 6431 Ending Receivables = 6493 Beginning Payables = 8353 Ending Payables = 8919 Credit Sales = 92328 Cost of Goods Sold = 72642 Calculate the following (round final answers to 2 decimal places): Operating Cycle = _____ days Cash Cycle = _____ days
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