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XYZ Company the following select Financial Statement Information: Income Statement: Revenue $20,440 Cost of Goods Sold $12,775 Balance Sheet: Accounts Receivable $2,184 Inventory $2,170 Accounts
XYZ Company the following select Financial Statement Information:
Income Statement: Revenue $20,440 Cost of Goods Sold $12,775 Balance Sheet: Accounts Receivable $2,184 Inventory $2,170 Accounts Payable $770
Using the example in the Costco Case, calculate the net days of working capital for XYZ Company (enter with 1 decimal, i.e., 43.4 would be entered as 43.4; if negative, use "-"). Use 365 days to calculate your average daily balances.
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