Question: 2. Consider the following financial statement information for the Rivers Corporation: Item Beginning Ending Inventory $17,385 $19,108 Accounts receivable 13,182 13,973 Accounts payable 15,385 16,676

2. Consider the following financial statement information for the Rivers Corporation: Item Beginning Ending Inventory $17,385 $19,108 Accounts receivable 13,182 13,973 Accounts payable 15,385 16,676 Net sales $216,384 Cost of goods sold 165,763 Calculate the operating and cash cycles. How do you interpret your

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