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Wan Corp., an hard disc manufacturer, has reported an annual credit sales of $600,000 and a cost of goods sold of $200,000 for 2021. In
Wan Corp., an hard disc manufacturer, has reported an annual credit sales of $600,000 and a cost of goods sold of $200,000 for 2021. In the same year average accounts receivables and account payables periods are recorded as 50 and 40 days, respectively. Wan has started the year with an inventory of solid state drives worth $100,000 and ended with an inventory of $40,000. Calculate the cash cycle for the year of 2021 for Wan Corp. (If your answer is 123.45, enter it as it is)
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