The operating cycle for a merchandiser that sells only for cash moves from: Multiple Choice Accounts receivable to inventory to cash sales. Inventory to purchases of merchandise to cash sales. O Purchases of merchandise to inventory to accounts receivable to cash sales Accounts receivable to purchases of merchandise to inventory to cash sales. Accounts receivable to inventory to cash sales. Inventory to purchases of merchandise to cash sales. O Purchases of merchandise to inventory to accounts receivable to cash sales. Accounts receivable to purchases of merchandise to inventory to cash sales. Purchases of merchandise to inventory to cash sales