Question: 1- Calculate net operating cycle quickly. Given the following financial statement data, calculate the Net Operating Cycle. Credit Sales 120,000 Cost of Goods Sold
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1- Calculate net operating cycle quickly.
Given the following financial statement data, calculate the Net Operating Cycle. Credit Sales 120,000 Cost of Goods Sold 100,000 Accounts Receivable 10,000 Opening Inventory 7,000 Ending Inventory 8,000 Accounts Payable 12,000
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