you have collected the following information for the festive 4 rest of us company.

item beginning ending inventory 6000 9000 accounts receivable 3200 5000 AP 4000 5600

sales for the year 75000 cogs 45000

a. describe how would you calculate the average number of days festive merchandise stays around before it is sold b. on average how long does the merchandise stay around before it is sold c. describe how would you calculate the average number of days festive takes to collect its receivables

d. on average, how long does it take festivus to collect its receivables

e. describe how would you calculate the average number of days it takes festive to pay its bills

f. on average how long does it take for festive to pay its bills

g. whats festive Operating cycle and cash cycle