Question: 12.3. Please help and show work. Thanks. Question 1 5 pts Libscomb Technologies' annual sales are $6,047,697 and all sales are made on credit, it
12.3. Please help and show work. Thanks.

Question 1 5 pts Libscomb Technologies' annual sales are $6,047,697 and all sales are made on credit, it purchases $4,301,630 of materials each year (and this is its cost of goods sold). Libscomb also has $506,380 of inventory, $510,740 of accounts receivable, and beginning and ending of year $422,289 and $414,734 accounts payables (respectively). Assume a 365 day year. What is Libscomb's Cash Cycle (in days)
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