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Use the following information to answer the question below: Item Value Item Value Inventory $978 Credit sales $8,420 Accounts receivable $1,150 Cost of goods sold
Use the following information to answer the question below:
Item | Value | Item | Value |
Inventory | $978 | Credit sales | $8,420 |
Accounts receivable | $1,150 | Cost of goods sold | $6,250 |
Accounts payable | $700 |
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What is the length of the operating cycle to the nearest day?
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