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Suppose the following: Beginning Inventory =11394 Ending Inventory =12414 Beginning Receivables =6331 Ending Receivables =6533 Beginning Payables =8482 Ending Payables =8825 Credit Sales =93510 Cost
Suppose the following: Beginning Inventory =11394 Ending Inventory =12414 Beginning Receivables =6331 Ending Receivables =6533 Beginning Payables =8482 Ending Payables =8825 Credit Sales =93510 Cost of Goods Sold =71718 Calculate the following (round final answers to 2 decimal places): Operating Cycle = days Cash Cycle = days
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