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The Carson Corporation has the following values on the financial statements: Inventory beginning balance $10,400, ending balance $11,400. Accounts Receivable beginning balance $5,400 and $5,700

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The Carson Corporation has the following values on the financial statements: Inventory beginning balance $10,400, ending balance $11,400. Accounts Receivable beginning balance $5,400 and $5,700 ending balance. Accounts Payable beginning balance is $7,600 and ending balance is $8,000. Credit sales of $84,000 and Cost of goods sold of $64,000. Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Inventory turnover in days (round to 2 decimals) Receivable period in days (round to 2 decimals) Operating cycles in days (round to 2 decimals) Payables turnover in days (round to 2 decimals) The firm is receiving cash on average days after it pays its bills. (round to 2 decimals)

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