Question: 1. Compute the operating cycle based on the following information: Inventory Period = 24 Accounts Receivable Period = 38 Accounts Payable Period = 10 2.
1. Compute the operating cycle based on the following information:
Inventory Period = 24 Accounts Receivable Period = 38 Accounts Payable Period = 10
2. ABC Corporation currently has an Inventory Turnover of 9.34, an Accounts Receivable Turnover of 25.8, and an Accounts Payable Turnover of 17.46. How many days are in the cash cycle?
Enter your answer rounded off to two decimal points.
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